Ethereum (ETH), a popular cryptocurrency like Bitcoin, is having a bit of a tough time right now. Its price is down, and people aren't buying and selling as much as before. This is making the price go lower.
- Fewer people are using Ethereum's apps (DeFi).
- Other cryptocurrencies are becoming more popular.
- Big investors are selling their Ethereum.
- The price is struggling to stay above $1875.
| Fact | Number |
|---|---|
| Ethereum's price (approximately) | $1,876 |
| Total value locked in DeFi (February) | $44 billion |
| Ethereum's 50-day moving average | $2,282.50 |
| Potential staking rewards (if approved) | ~3.3% |
| Spot Ether ETF withdrawals (past month) | $176 million |
If the price falls below $1800, it could fall further, But if more people start buying, the price might go back up to $2282. There's a possibility of an Ether ETF including staking, which might make it more attractive to investors.
