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Why Is Ethereum Going Down? ETH Price Falls to $2K, Testing 16-Month Low
Ethereum (ETH), the second-largest cryptocurrency by market cap, has experienced significant price fluctuations, leaving investors and enthusiasts asking, why is Ethereum price down today? As of Tuesday, March 04, 2025, the crypto market remains as volatile as ever, and Ethereum is no exception falling to the psychological support of $2,000.Why Is Ethereum Falling? ETH Price Test November 2023 LowsAt the time of writing, Ethereum is changing hands at just under $2073, after previously establishing a daily low at the $2000 level, testing its 16‑month lows from November 2023. This follows a highly volatile period: on Sunday, the price rose by 14%, only to drop by 15% on Monday.This volatility comes on the heels of President Trump’s latest announcement, in which he pledged to create a U.S. cryptocurrency reserve and include Ethereum in it. He also remarked that he “loves” the world’s second-largest cryptocurrency.And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum! https://t.co/wA6110D3aJ— Trump Posts on
Ethereum (ETH), the second-largest cryptocurrency by market cap, has experienced significant price fluctuations, leaving investors and enthusiasts asking, why is Ethereum price down today? As of Tuesday, March 04, 2025, the crypto market remains as volatile as ever, and Ethereum is no exception falling to the psychological support of $2,000.
Why Is Ethereum Falling? ETH Price Test November 2023 Lows
At the time of writing, Ethereum is changing hands at just under $2073, after previously establishing a daily low at the $2000 level, testing its 16‑month lows from November 2023. This follows a highly volatile period: on Sunday, the price rose by 14%, only to drop by 15% on Monday.
This volatility comes on the heels of President Trump’s latest announcement, in which he pledged to create a U.S. cryptocurrency reserve and include Ethereum in it. He also remarked that he “loves” the world’s second-largest cryptocurrency.
And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum! https://t.co/wA6110D3aJ— Trump Posts on
