Ethereum prices experienced a notable decline today, shedding over 3% in value, as the broader cryptocurrency market witnessed a downturn. Market analysts attribute this dip to reduced investor enthusiasm for both Bitcoin and Ethereum following Federal Reserve Chair Jerome Powell’s speech, which lacked clarity on upcoming rate cuts. Despite positive inflows into the US Spot Ethereum ETF fund, institutional interest has cooled significantly. The latest news suggests that market experts anticipate further price drops, with some predicting a retest of $4,000 or even lower. This sentiment is bolstered by the uncertainty surrounding the Fed’s monetary policy and the resulting lack of clarity regarding future market direction. Ethereum continues to remain volatile amidst this ongoing uncertainty.