India, Sept. 5 -- Ethereum Price Today (05 September): Ethereum is entering the first weekend of September under renewed selling pressure after a strong August rally pushed the cryptocurrency toward the $2,550 level. On September 5, ETH was trading around $2,455, down roughly 2% over 24 hours, as investors reassessed the outlook for U.S. interest rates following a stronger-than-expected jobs report.

The latest move comes after Ethereum briefly approached $2,550 before losing momentum. The cryptocurrency now faces a crucial test around the $2,400-$2,450 area, while traders are watching whether it can regain the $2,500 mark or come under deeper pressure.

The wider crypto market is also reacting to changing macroeconomic conditions. U.S. e...