Ethereum, the second biggest cryptocurrency after Bitcoin, is having a tough time right now! It's not doing as well as other cryptos. Big investors are losing money, and the price is going down.
- Ethereum's price dropped a lot recently, even after some good news.
- Big investors (called whales) are seeing profits as low as they were during a bad time for crypto (a bear market).
- Compared to Bitcoin, Ethereum's value is at its lowest point in five years.
| Fact | Number |
|---|---|
| Ethereum's price drop in the last month | 15% |
| Ethereum's price drop last week | 10% |
| Ethereum's lowest price (predicted) | $1200 |
| Ethereum's highest price (December 2021) | Over $4000 |
