Ethereum Briefly Dips Below $4,400 Amidst Market Volatility

Ethereum experienced a brief dip below the $4,400 mark on August 17th, 2025, triggered by unexpected U.S. inflation data and subsequent market reactions. The event impacted derivative markets, leading to substantial liquidations. Despite this short-term price drop, institutional investors remain confident in Ethereum’s long-term prospects, evidenced by consistent inflows into Ethereum ETFs exceeding $5.4 billion. No official statements were made from key figures like Vitalik Buterin, though market participants are watching for further developments.