2026-09-11 19:13:33
ETH Plunges 1.06% in 1 Hour as PPI Exceeds Expectations and ECB Rate Hike Concerns Trigger Short-term Selling
From 18:00 to 19:00 (UTC) on September 11, 2026, ETH fell sharply over the course of one hour, posting a Return % of -1.06%, with prices ranging from 2530.0 to 2568.08 USDT and an Ampl of 1.48%. Over the previous 24 hours, ETH had rebounded from a low of $2433.85 to $2666, with an Ampl of approximately 9.5%, but its short-term rebound momentum has clearly weakened. The main driver of this unusual move was a combination of two macro-level tightening signals. U.S. PPI data exceeding expectations t