Ethereum Price Tumbles Down, What’s The Reason Behind The

Ethereum’s price correction as of today is an off-shoot from that of the broader market. While ETH lost by over 8%, Bitcoin plummeted by just 4% as the price retracted to $16,109.16. FTX Effects Still Raging. The collapse of the FTX exchange continues to damage the crypto space.

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Ethereum Price Tumbles Down, What’s The Reason Behind The

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Why Is Crypto Down? Why Did Bitcoin, Ethereum, And Solana Drop …

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17 hours ago · A whale liquidated 10,070 ETH, leading to an approximate loss of $1 million. This sell-off occurred as Ethereum's price struggled to regain momentum, hovering around $3,280 …

analyticsinsight.net

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Ethereum Enters Final Correction Phase, Prepares For 15% Drop

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2 days ago · Ethereum’s Precipitous Drop. Ethereum’s price has been on a downward trajectory since hitting its 2024 peak of $4,107 on Dec. 16. After a brief recovery on Dec. 20, marked by …

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Ethereum Price Tumbles Down, What’s The Reason Behind The …

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Nov 21, 2022 · Ethereum’s price correction as of today is an off-shoot from that of the broader market. While ETH lost by over 8%, Bitcoin plummeted by just 4% as the price retracted to …

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Why Ethereum Is Going Down Today? Justin Sun’s $143M Sell

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Dec 23, 2024 · Such large transactions are putting pressure on Ethereum’s price, and the market is feeling the heat. Ethereum’s Price Takes a Hit. Ethereum is now trading at $3,304, down …

coinpedia.org

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Top Reasons Why Ethereum Price Is Down Today? - CoinGape

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Dec 20, 2024 · The Ethereum price id down today, thanks to several reasons including the Fed's apparent hawkish stance, and negative ETF flows. BTC. $94543 0.16%. ETH. $3259-0.23%. …

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Ethereum’s Price Stumbles: Factors Behind The Decline

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Dec 9, 2024 · Ether’s price dropped 13% from $2,719 to $2,330, breaking the crucial $2,400 support level. Analysts predicted this zone as a strong support, but the breach suggests …

cryptopolitan.com

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3 Reasons Ethereum Is Plummeting: Should You Buy Now?

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Jan 19, 2022 · Ethereum, which reached an all-time high of $4,891 on Nov. 16, is now trading at $3,248 -- down about 33%. So, why has it fallen so far and is now a good time to buy?

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Why Is Ethereum (ETH) Price Down Today? - Cointelegraph

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3 days ago · Ethereum also lost its weekly support at $3,200 during the correction, pushing the price to its lowest value since Nov. 21, 2024. Ethereum futures traders turning bearish

cointelegraph.com

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Ethereum Price Plummets 5%: Why Is ETH Going Down?

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Dec 19, 2024 · Exchanges netflows are down by 132.2%. Transactions greater than $100,000 widened from 10,365 to 11,817 in one single day. Currently, 81% of ETH holders are making …

benzinga.com

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

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FAQs about Ethereum Price Tumbles Down, What’s The Reason Behind The Coupon?

Why is Ethereum's price down today?

Ethereum’s price is down today after it failed to hold the $3,500 support level, and panic selling threatens deeper corrections. Ether (ETH) price extended its downtrend on Dec. 20, dropping approximately 20% over the last four days. ETH is trading at $3,119, down roughly 15% over the last 24 hours. ...

Why is Ethereum price sliding lower?

Ethereum price is sliding lower and is in line with Bitcoin’s drop. Investors can expect ETH to slide 5% as sell signals multiply. The $3,500 to $3,352 support level is crucial for Ether and will determine if the correction will extend. Ethereum (ETH) price is sliding lower, in line with the rest of the crypto market. ...

Why is Ethereum's recent price slump causing a rebound?

With a deeper exploration, the reason behind Ethereum's recent price slump will become clear, and more analysis will show why there is still potential for a rebound. Image source: Getty Images. Ethereum's struggles over the past year can likely be boiled down to one factor: the rise of Layer-2 (L2) solutions. ...

What will happen if Ethereum price breaks $3518?

Ethereum price prediction hints that a breakdown of $3,518 would be a critical juncture and could trigger a 4% to 10% crash to $3,368 or $3,161. On the other hand, if Ethereum price bounces from the $3.8K to $3.9K support level, and sets up a new high above $4,087, it would invalidate the bearish outlook and the sell signal. ...

Is Ethereum still a good investment?

As one of the most widely used blockchains supporting innovative use cases, Ethereum's foundational strengths remain intact. Despite current challenges, these are likely temporary hurdles on its broader growth trajectory. ...

Can Ethereum recover from a 5% drop?

Ethereum's 5% drop on Thursday has sparked speculation among traders about its ability to recover and close above the critical $3,700 mark by year-end. What Happened: Lookonchain data highlights a skilled whale, possibly associated with LonglingCapital, who purchased 6,000 ETH during a price dip. ...