Big news about Ethereum (ETH), a type of cryptocurrency! Its price has dropped a lot recently, hitting its lowest point since December 2023. This happened after some worries about new taxes and the economy.
- Ethereum's price fell below $2,100.
- This is a 15% drop in just one day!
- Some big investors are selling their Ethereum.
- There's less activity in Ethereum's DeFi (like borrowing and lending money using cryptocurrency).
Fact | Number |
---|---|
Lowest ETH price | ~$2,063 |
One-day drop | 15% |
DeFi activity (TVL) | Down to $48.1 Billion |
Ethereum sold by one whale | $68 Million |
Even though things look a little down now, some good things might happen soon. There's a big upgrade coming to Ethereum in April. We'll also hear more about the government's plan for cryptocurrency soon. Remember, this isn't financial advice!