Ethereum: US interest stays weak amid strong ETH ETF outflows
Ethereum price today: $2,130Ethereum holds above $2,100 following President Trumps statement that the US is in the final stages of negotiations with Iran.US sentiment in Ethereum continues to decline following a seven-day outflow streak in $ETH ETFs.Bulls are defending the $2,108 support level. Ethereum ($ETH) holds above $2,100 on Wednesday following the latest developments surrounding the US-Iran crisis. US President Donald Trump said that the country is in the final stages of negotiations with Iran, but warned of further attacks if a deal isnt reached. “Were in the final stages of Iran. Well see what happens. Either have a deal or were going to do some things that are a little bit nasty, but hopefully that wont happen,” Trump told reporters on Wednesday. Against that backdrop, amid strong inflation and rising US Treasury yields, interest in $ETH among US investors has continued to decline, as evidenced by the Coinbase Premium Index, which serves as a measure of US investors sentiment. The index, which compares $ETHs prices on Coinbase and Binance, has plunged deeper into negative territory, maintaining a downtrend that began in late April. $ETH Coinbase Premium Index. Source: CryptoQuant US spot $ETH exchange-traded funds (ETFs) confirm the risk-off sentiment in the region, posting seven consecutive