Ethereum price falls to $1,736 amid US‑Iran tensions

Ethereum’s price slipped 0.77% to $1,736.57, reversing a recent rally that had pushed the asset toward the $2,000 level. The decline was triggered by heightened geopolitical risk after statements from President Donald Trump that the U.S.–Iran cease‑fire was over, prompting a broad risk‑off wave in traditional and digital assets.

The market sell‑off led to a cascade of leveraged long liquidations worth over $60 million, eroding recent gains. Technical analysis shows Ether testing support near $1,727, with the 50‑day exponential moving average around $1,800 acting as resistance. Earlier bullish factors—such as BitMine Immersion Technologies’ continued ETH purchases, anticipation of Ethereum’s “Glamsterdam” upgrade, and the launch of RobinhoodChain—had supported the rebound, but the macro shock outweighed these positive drivers.