Ethereum reclaims $2,400 as falling Treasury yields ease inflation pressure

Ethereum recovered above $2,400 after briefly falling toward $2,340 following hotter-than-expected US producer inflation. September PPI rose 6.3% annually, with core PPI at 5%, both exceeding forecasts. Falling Treasury yields eased inflation pressure. Support stands near $2,355, while resistance between $2,496 and $2,552 may challenge the recovery.