Ethereum (ETH), a type of cryptocurrency like Bitcoin, has been going down in price recently. It's lower than it's been in a while! This is happening for several reasons.
- Lots of people are selling their ETH.
- Big investors (called whales) are also selling.
- ETH isn't making as much money as it used to.
Fact | Number |
---|---|
Lowest ETH price this year | Around $2,200 |
Percentage drop from highest price | Over 45% |
Possible future low price | $1,176 |
Experts aren't sure what will happen next, but the price might go even lower before it goes back up. Remember, this is just information; it's not advice on what to buy or sell!