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February 3, 2025

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.

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