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Daily Brief

Has ETH Bottomed Out?

gm Bankless Nation, this week's rate cut narrative has the bulls back in charge; can they take ETH out of its down-only summer doldrums?

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📸 Daily Market Snapshot: Yesterday's glorious post-rate-cut rebound stalled for the broader crypto market Friday as BTC prices slipped and alts progress slowed. Meanwhile, a 3% bump took ETH back above $2,500 after spending most of September below the marker. Ethereum's investors are hoping for some extended relief after a down-only summer for ETH; will the recent rate cut provide the momentum needed for the ecosystem to recover?

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Bankless

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