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Ethereum trades near $2,440 during uneven crypto market recovery

Ethereum climbed moderately to around $2,448 as major alternative assets showed diverging momentum while Bitcoin consolidated.

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Ethereum was changing hands around $2,448.81, posting a 24-hour advance of 1.76% as the cryptocurrency market attempted to stabilize following recent turbulence. The asset has retreated from its recent October peaks, trading around the $2,440 mark as buying volume across the broader market remained constrained.

The wider altcoin sector showed varied performance alongside Ethereum. Solana advanced 1.11% to trade near $106.09, maintaining stronger relative performance despite also pulling back from its October highs, while XRP rose 2.65% to $1.33 after relinquishing earlier gains.

The report highlighted that market participants are monitoring macro conditions and upcoming Federal Reserve policy decisions, which continue to influence asset valuations and broader market liquidity.

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Site call on Ethereum Buy score 27.5

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