Ethereum’s value has seen a significant drop, falling to $1,486.05, marking its lowest price since March 2023. This decline, a 5.19% decrease within just 24 hours, results from heightened trade tensions. The situation escalated following Donald Trump’s recent proposals for drastic tariffs on Chinese goods, creating strong bearish pressure in the crypto market. Investors should remain vigilant as these trade tensions could further impact not only Ethereum but the broader crypto landscape as well. Keeping informed about global economic conditions is crucial for anyone involved in cryptocurrency investing. The market remains unpredictable, and constant changes may arise, affecting prices rapidly.