Ethereum price today: $1,910ETH derivatives showed traders trimming positions and moving toward neutral grounds before the Fed's decision to leave rates unchanged. The spot market also aligns with selling activity decreasing and inflows into ETH ETFs dropping to their lowest levels in July. Ethereum (ETH) climbed above $1,900 on Wednesday following the Federal Open Market Committee's (FOMC) decision to leave interest rates unchanged at 3.50-3.75%. The decision follows a quiet derivatives and spot market for the top altcoin, with traders waiting for the decision before making a move, according to CryptoQuant analysts. Earlier reports hinted at a few ETH investors distributing near their on-chain cost basis to potentially de-risk ahead of the FOMC's decision.