The value of Ethereum (ETH) experienced an 8% fall, dipping under 3,400 USD amid fears of heightened U.S. Inflation. This sharp decline follows robust economic data that stirred concerns about less aggressive interest rate cuts by the Federal Reserve.

Market analysts are speculating on the possibility of Ethereum dropping below 3,000 USD as macroeconomic conditions apply pressure. Positive data on U.S. Job openings and the enduring strength of the service sector have heightened inflation fears and impacted market sentiment.

Despite damage to the market, the upcoming pro-crypto policies of the new Trump administration may offer Ethereum potential advantages. Analysts predict that, while liquidity conditions may not favor 2025, market gains are still possible if regulatory landscapes evolve positively.