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📅 July 3, 7:00 – July 9,
Decoding Ethereum's Ups and Downs: Analyzing the Drop Below $3,000
Ethereum has significantly declined, dropping about 20% in the past 24 hours and falling below the key level of $3,000. The decline accelerated as the price dropped below the important support levels of $2,800 and $2,650. This has pushed the price into a bearish zone and caused concern for investors. Ethereum Price Drop Motivation In the past 24 hours, $2.04 billion has been wiped out of the cryptocurrency market, with Ethereum accounting for $531 million. The price of Ethereum has dropped below the important level, slipping through the zones.