India, July 29 -- Ethereum Price Today (29 July): Ethereum traded under pressure on Wednesday, July 29, as investors adopted a cautious approach ahead of the U.S. Federal Reserve's interest rate decision. Although the cryptocurrency recovered modestly during intraday trading, overall market sentiment remained fragile due to concerns over the Fed's policy outlook, higher U.S. Treasury yields and slowing institutional inflows into spot Ethereum exchange-traded funds (ETFs).

Analysts say traders are avoiding aggressive positions until the central bank provides more clarity on the future path of interest rates, while Ethereum continues to find support from strong staking participation and long-term investor confidence.

Ethereum Price Today ...