The current price of Ethereum (ETH) stands at $3,568, having recently fallen below $3,400. This decline can be attributed to two primary factors. Firstly, there is a prevailing sense of pessimism in the risk markets, largely influenced by the Federal Reserve. Secondly, the Securities and Exchange Commission (SEC) has not expedited the approval process for the S-1 Form, which would enable the trading of spot Ethereum ETFs on the stock market. Stay updated on the latest financial and business news by visiting COINTURK FINANCE.