Markets· ★★★· bearish·

Ethereum drops 4% below $2,500 for the first time since September

  • —ETH fell 4.03% to $2,462.9, down 3.97% in 24 hours
  • —Market cap $300 billion; 24-hour trading volume $15.2 billion
  • —Daily range $2,505.93–$2,584.49, price below the prior day's low
  • —Down roughly 11% from the September high of $2,775
Why it matters: The break below $2,500 on rising volume casts doubt on ETH's June uptrend; the $2,400 support is now key.
Source: Siam Blockchain