Ethereum (ETH), a type of cryptocurrency like Bitcoin, is having a tough time! Its price has been going down, and people are selling more than they're buying. This makes investors worried.
- ETH's price dropped below $1,900, its lowest since October 2023.
- Many people are selling ETH, creating strong selling pressure.
- Analysts are watching closely to see if the price can go back above $1,900.
- The whole cryptocurrency market is feeling uncertain right now, which is affecting ETH.
Fact | Number |
---|---|
Lowest ETH price (since October 2023) | $1,750 |
ETH price now | Around $1,880 |
Potential recovery level | $2,000 |
Percentage drop in ETH value | Over 57% |