Explore the recent Ethereum price drop and its impact on altcoins. Stay informed about the crypto market trends and predictions.
In the past few days, Ethereum (ETH) has experienced a sharp price drop, reaching below the psychological level of $3,000 today. This decline led to over $613 million in liquidations in the past 30 hours. The main reason for this drop is extensive selling in the crypto market, mainly influenced by Bitcoin’s price decrease to $91,000. The prediction for Ethereum’s price is uncertain, depending on various factors like market conditions and external influences.