Ethereum rises 5.9% to $2,580 after $100 million in short liquidations
- —ETH +5.90% over the past day to $2,580.51, volume $17.48 billion
- —More than $100 million in shorts liquidated, mostly in ETH
- —Fed raised rates by 25 basis points to 3.75%–4.00%
- —ETH market cap at $314.97 billion, 47.85% below its all-time high
Why it matters: ETH's rebound above $2,500 confirms the market's recovery after the Fed decision, but the CLARITY Act failure keeps regulatory risk alive.
Source: DiarioBitcoin