Ethereum retreats near $2,200 as November recovery hopes weaken
Ethereum is trading near $2,228 after a rebound toward $2,450 stalled, with ETF outflows and broad market weakness adding pressure.
Ethereum is trading near $2,228 after a rebound toward $2,450 stalled, with ETF outflows and broad market weakness adding pressure. Ethereum (ETH) is trading at ₹2,11,587 ($2,238.14), up 0.4% since this brief published. This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Fri, 06 Nov 2026 09:45:01 UTC.
The setback leaves ETH below the $2,450 recovery level while it tests support around $2,200. Outflows and a risk-off market backdrop could keep the asset under pressure.
- ETH trades at $2,228.38, down 7.72% over 24 hours
- A rebound toward $2,450 failed as price approached $2,200
- Spot ETH ETF outflows reached $99.9 million
- Total crypto market capitalization stands at $2.61 trillion
- Ethereum Leads $46.3B RWA Market Amid Potential Price Recovery
- Ethereum Whales Accumulate $29M in ETH Amid Price Recovery Signals
- Bitcoin and Ethereum Attempt Recovery Amidst Market Volatility
- Blast closes its Ethereum layer 2 and launches asset recovery portal
- Ethereum retreats near $2,200 as November recovery hopes weaken — this brief
Crypto.news reports that 
Ethereum fell back toward $2,240 after its recovery toward $2,450 failed. The account frames November’s outlook around whether buyers can defend support while rebuilding momentum, with ETH trading close to the $2,200 area described in its coverage.
The outlet attributes the decline to several overlapping pressures: crypto liquidations, $99.9 million in outflows from spot Ethereum ETFs and weak technical indicators. No liquidation total was supplied, so the scale of those liquidations cannot be quantified from the available coverage.
Live market data places Ethereum at $2,228.38, down 7.72% over 24 hours and 0.37% over seven days. Its market capitalization is $272.3 billion. ETH remains below the $2,450 level reached during the failed recovery, while the current price is close to the $2,200 support area highlighted by Crypto.news.
Market conditions are broadly unfavorable, with the total crypto market capitalization at $2.61 trillion and 
Bitcoin down 5.78% over 24 hours. The Fear & Greed Index stands at 28, indicating a Fear reading. 
Tether trades at $0.999026, while DeFiLlama reports $177.27 billion of USDT circulating supply. The immediate watchpoints are whether ETH holds the $2,200 area and can regain the $2,450 recovery level; no price target or forecast is implied.
Since this brief published about 15 hours ago, Ethereum (ETH) has moved from ₹2,10,664.43$2,228.38 to ₹2,11,587.11$2,238.14 — +0.44%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹232,766.56 (about $2,238.14), down 7.3% over 24 hours. The rupee itself trades about 10.0% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 6, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Ethereum retreats near $2,200 as November recovery hopes wea — questions & answers
Where is Ethereum trading now?
Ethereum is at $2,228.38, down 7.72% over 24 hours and 0.37% over seven days.
What pushed ETH lower?
Crypto.news cites crypto liquidations, $99.9 million in spot ETH ETF outflows and weak technical indicators.
Which levels define the current range?
ETH is near the reported $2,200 support area after its rebound toward $2,450 stalled.
How much is 1 Ethereum worth in rupee today?
About ₹232,766.56 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,238.14. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is up 0.44% since this brief first published — trading at ₹2,11,587 ($2,238.14) now versus ₹2,10,664 ($2,228.38) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.