Ethereum (ETH) briefly rose above $4,000 on Friday following a lower-than-expected US Consumer Price Index (CPI) print, reinforcing market expectations of rate cuts.
Aave (AAVE) regains bullish momentum, trading above $220 on Wednesday, as the broader cryptocurrency market generally declines. Attempts to breach the hurdle at $236 have not materialized following Friday’s sell-off to $200 and the October 10 flash crash to $80.
Bitcoin (BTC) remains pressured as it hovers near $110,600 on Thursday, testing a key ascending trendline support. The rising geopolitical tensions and renewed US-China trade frictions are weighing on investor sentiment, keeping risk appetite subdued.