Factors Behind Ethereum’s Price Decline Today

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Ether suffered a 6% decline, dropping under $2500, but based on market structure, ETH's price is currently consolidating in a "golden zone." 

Ether price suffered a significant correction over the past 24 hours due to heightened tensions in the Middle East.

The entire cryptocurrency market fell along with other risk-on assets like US equities. Jesse Colombo, a markets analyst and investor, emphasizes the above, stating,

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