Attitude Towards Ethereum Plummets Following FOMC Interest Rate Reduction
After the Federal Reserve's third consecutive 25 bps rate cut on December 10, the response from Ethereum (ETH) traders on social media quickly switched from excitement to irritation as prices drastically dropped. This change underscores how rapidly the enthusiasm of retail traders can shift, particularly during macro-driven rallies that often recede once the announcement has been made. Although the decision matched expectations, Ethereum's price slipped from $3,433 to $3,170, causing a sharp drop in sentiment. Despite this, some analysts believe that digital assets might rebound as liquidity improves early into 2026, with larger investors already positioning themselves.


