Ethereum Price Concerns

The cryptocurrency market faces a troubling situation as Ethereum teeters on the edge of significant decline. With the sharp decline of Bitcoin pushing down prices globally, ETH has plummeted below $2,500, primarily due to a massive $1.5 billion hack connected to North Korea’s Lazarus group.

Market Reactions

Investors need to assess risk as the market continues to grapple with uncertainty. Observing price action can offer clues for future trading strategies.