Big news about Ethereum (ETH), a type of cryptocurrency! It's like digital money, but on a computer network. Recently, its price went down, making some people worried. But it also bounced back a bit. This is all happening in the world of crypto, where prices can change super fast.
- Ethereum's price fell below $2,000 for the first time in a while.
- Some experts think it might drop even further, maybe as low as $1,250.
- However, it's also shown some signs of recovery, going back up a little.
- Experts compare this to how Ethereum acted in 2018 and 2022 when its price also went down.
Fact | Number |
---|---|
Lowest price in recent months | $1,993 |
Possible lowest price (prediction) | $1,250 |
Possible highest price (prediction) | $3,000 |
Year-to-date drop | 36.4% |