$ETH
Ethereum continues to evolve, with recent developments highlighting both challenges and advancements in its ecosystem.
Current Market Performance
As of today, Ethereum's price is 2,065.28, reflecting a slight decrease of 1.26% from the previous close. The day's trading range has seen a high of 2,103.27 and a low of 2,039.76.
Regulatory Actions: The U.S. Treasury Department has removed Tornado Cash, a privacy tool on the Ethereum blockchain, from its sanctions list. This decision comes after Tornado Cash was exploited by malicious actors, including North Korean hackers, to launder funds. Despite the delisting, the Treasury maintains vigilance against cyber threats.
Market Dynamics: Recent comments by President Donald Trump regarding tariff flexibility have influenced cryptocurrency markets. While Bitcoin saw inflows, Ethereum experienced 86 million in outflows, highlighting shifting investor sentiments.