ETH falls below the $3600 mark

According to Golden Finance, the 9th Circuit Court of Appeals in the United States has made a crucial ruling in the dispute between Yuga Labs and artist Ryder Ripps, clarifying for the first time that NFTs are "goods" under the Langham Act and are eligible for trademark protection in accordance with the law. The court rejected most of Ripps' defenses, but revoked the $8 million compensation previously awarded to Yuga and remanded the case back to the district court for retrial to determine whether Ripps' sale of the "imitation version of BAYC" NFT caused consumer confusion.

OKX-ETH/USDT is currently trading at $3551.51, with a 5-minute drop of 0.33%. Please be aware of market fluctuations.

The current price of ETH is $3568.47, with a decline of 3.60% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 12.42 million US dollars, with multiple orders being the main liquidation and 2.9 million US dollars (23.34%) of ETH liquidation. The data is for reference only.

Golden Finance reports that market news: The third round of negotiations between Russia and Ukraine will not continue.

According to a report by Golden Finance, bond traders are increasing their bets that the Federal Reserve will cut interest rates more aggressively next year, as the market speculates that the Fed's final leadership change will bring about the looser monetary policy demanded by US President Donald Trump. This confidence is reflected in the yield spread between SOFR futures due in December 2025 and December 2026, which reflects the market's expectation of the Federal Reserve's rate cuts during that period.