Ethereum, the second biggest cryptocurrency, is having a bit of a slump! Its price has been stuck around $2,100, which is lower than it was last year. Investors aren't buying as many Ethereum funds as they used to, and this is affecting its price.
- Ethereum's price is lower than its peak last year.
- Investors are selling more Ethereum funds.
- Ethereum faces competition from other cryptocurrencies.
- Ethereum's price could drop further if it goes below $2,000.
Fact | Number |
---|---|
Lowest Ethereum price (approx) | $2,100 |
Ethereum ETF asset loss (last two weeks) | $455 million |
Total Ethereum staked (approx.) | $73 billion |
Possible future low price | $1,500 |