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Ether falls 0.56% to $2,231.72

CoinGecko lists neutral technical readings for Ether while economictimes.indiatimes.com reports a tech selloff and strong US jobs data weighing on crypto markets.

MarketAlleys Research Desk

Published · 2 min read

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Illustration for: Ether falls 0.56% to $2,231.72
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Price action

CoinGecko shows Ether at $2,231.72, which fell 0.56% over 24 hours and has a five-session change of -1.66% as of Nov 8, 01:58 UTC. The quoted level and five-session comparison are taken from CoinGecko's market listing used for this instrument spotlight.

Instrument Last 5-session change Latest change As of Source
Ether $2,231.72 -1.66% -0.56% Nov 8, 01:58 UTC CoinGecko

Trend and momentum

CoinGecko trend readings list Ether's status as neutral with RSI(14) 39.6. CoinGecko shows the most recent close 2236.28 sits below the 50-day moving average 2499.02 and above the long moving average 2156.44, per the trend summary.

Instrument Close SMA50 Long SMA RSI(14) Trend status
Ether 2,236.28 2,499.02 2,156.44 39.6 neutral

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Nov 7, 22:40 UTC); it is not a recommendation.

News flow

Economictimes.indiatimes.com published an article reporting bitcoin trades near $76K and Ethereum around $2,240, saying tech selloff and strong US jobs data weigh on crypto markets.

Across crypto

CoinGecko shows over 24 hours bitcoin fell 0.39%, Ether fell 0.56%, Solana fell 1.58% and XRP fell 1.67%.

Instrument Last Change Basis As of Source
Nasdaq 100 (via QQQ ETF) $656.10 +1.40% vs prior close Nov 6, 21:00 UTC Finnhub
Bitcoin $75,666.00 -0.39% 24h Nov 8, 01:58 UTC CoinGecko
Solana $89.04 -1.58% 24h Nov 8, 01:58 UTC CoinGecko
XRP $1.1600 -1.67% 24h Nov 8, 01:58 UTC CoinGecko
US Dollar Index (via UUP ETF) $29.13 +0.73% vs prior close Nov 6, 21:00 UTC Finnhub

Sources and data

  • economictimes.indiatimes.com (secondary source) — Bitcoin trades near $76K , Ethereum at $2 , 240 as tech selloff , strong US jobs data weigh on crypto markets
  • Finnhub (market data) — market data
  • CoinGecko (market data) — market data

Market data as of Nov 8, 01:58 UTC; report generated Nov 8, 02:00 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.

Terms in this article

  • Price-to-earnings ratio (P/E)

    Share price divided by earnings per share.

    Full definitionLearn more in Index Insight

  • Relative Strength Index (RSI)

    A momentum oscillator, developed by J.

    Full definition

  • Moving average

    The average price over a rolling window, plotted to smooth out noise.

    Full definition

  • MACD

    A trend and momentum indicator calculated as the 12-period exponential moving average minus the 26-period EMA, plotted with a 9-period EMA of that difference as the signal line.

    Full definition

  • Exchange-traded fund (ETF)

    A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.

    Full definitionLearn more in Crypto Canvas

Sources & data

  1. economictimes.indiatimes.com (secondary, retrieved Nov 8, 2026, 02:02 AM UTC)
  2. Finnhub (market-data, retrieved Nov 8, 2026, 02:02 AM UTC)
  3. CoinGecko (market-data, retrieved Nov 8, 2026, 02:02 AM UTC)

Market data as of Nov 8, 2026, 01:58 AM UTC.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.

Ask about this story

Questions are answered only from this article and the sources it cites.

MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.

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