Ethereum Tumbles 23%, Are We Facing a Deeper Correction?
Ethereum’s price has plummeted to its lowest level in five months, currently around $2300. The drop, which amounts to 23%, has been fueled by mounting fears over a potential global trade war. This risk-off sentiment is unsettling investors, leading to heightened volatility in the crypto market. As concerns linger, analysts are evaluating whether this marks the beginning of a deeper correction or a temporary setback. Investors should remain vigilant, scrutinizing market trends and economic factors influencing price trajectories in the coming days.