Ethereum’s Year-to-Date Slide Deepens as Inflation Data Raises Rate Hike Concerns
Ethereum is down about 30% in 2026 as a hot US inflation report strengthens expectations for interest-rate hikes and weighs on crypto.
Ethereum is down about 30% in 2026 as a hot US inflation report strengthens expectations for interest-rate hikes and weighs on crypto. Ethereum (ETH) is trading at ₹1,92,221 ($2,048.14), up 0.1% since this brief published. This is an original Token Times brief based on reporting by Crypto Daily, with live market data added, as of Thu, 12 Nov 2026 08:15:01 UTC.
The renewed focus on rate hikes is applying pressure across crypto, while Ethereum’s trading position makes the $1,850 area an immediate level to monitor. The broader market’s flat performance contrasts with ETH’s sharper weekly decline.
- ETH is down roughly 30% in 2026, according to Crypto Daily
- ETH trades below key moving averages
- A $1,850 support area is in focus
- ETH fell 15.56% over seven days
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- Ethereum’s Year-to-Date Slide Deepens as Inflation Data Raises Rate Hike Concerns — this brief
Crypto Daily reports that 
Ethereum has fallen roughly 30% this year, extending a broader risk-asset selloff linked to renewed expectations of interest-rate hikes. The move followed a hot US consumer-price-index report that revived speculation about tighter monetary policy. As investors reassessed the rate outlook, ETH also moved lower alongside the wider crypto market.
The outlet said Ethereum is trading below its moving averages, indicating that its recent price action remains weak. It also identified support near $1,850 as the next area in focus, placing the reported 30% decline in the context of a market attempting to stabilize after sustained losses.
Live market data put ETH at $2,045.50, down 0.28% over 24 hours and 15.56% over seven days. Its market capitalization stood at $249.99 billion. The relatively small daily move compared with the steep weekly loss shows that the broader downturn has already had a substantial effect on ETH over the shorter measurement period.
The wider crypto market was comparatively stable, with total capitalization at $2.51 trillion and an overall flat reading. 
Bitcoin was up 0.04% over 24 hours, while the Fear & Greed Index registered 28, corresponding to Fear. The next variables in focus are whether ETH can hold the $1,850 area cited by Crypto Daily and how additional inflation data or monetary-policy expectations affect crypto risk appetite.
Since this brief published about 1 hour ago, Ethereum (ETH) has moved from ₹1,91,973.46$2,045.50 to ₹1,92,221.22$2,048.14 — +0.13%.
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.
Will the Fed increase interest rates by 25 bps after the January 2027 meeting?
Crowd-implied probability on Polymarket, ₹13.68M 24h volume, resolves Jan 28 — snapshotted when this brief published (Nov 12 07:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 ETH ≈ ₹203,759.21 (about $2,048.14), down 0.9% over 24 hours. The rupee itself trades about 6.0% 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 asset in this story — live, source-stamped, updated every 15 minutes.
Ethereum’s Year-to-Date Slide Deepens as Inflation Data Rais — questions & answers
Why is Ethereum falling this year?
Crypto Daily attributes the decline to a broader crypto selloff following a hot US CPI report that revived expectations for interest-rate hikes.
What support level is being watched for ETH?
Crypto Daily identified support near $1,850 as the area in focus for Ethereum.
How has ETH performed over the past week?
Ethereum was down 15.56% over seven days, trading at $2,045.50 at the time of the supplied market snapshot.
How much is 1 Ethereum worth in rupee today?
About ₹203,759.21 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,048.14. 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 0.13% since this brief first published — trading at ₹1,92,221 ($2,048.14) now versus ₹1,91,973 ($2,045.50) 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 Daily. 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.