Ethereum price plunges below $3,100Ethereum's price took a nosedive on Tuesday, falling below $3,100 per coin, representing a daily drop of 6.02%
Ethereum price plunges below $3,100
Ethereum's price took a nosedive on Tuesday, falling below $3,100 per coin, representing a daily drop of 6.02%. This decline mirrors the broader downward trend in the cryptocurrency market, with Bitcoin experiencing a similar slump.
Multiple factors could be contributing to Ethereum's fall, including macroeconomic uncertainty, regulatory concerns, and a general bearish sentiment in the crypto market. Investors are closely watching Ethereum's trajectory in the coming days to see if the price will continue its downward trajectory or find support in the near future.
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