Reported 1 day ago
Ethereum's price fell by 6.8% in a single day, largely due to traders liquidating leveraged positions following recent federal rate cuts. Despite this drop, the cryptocurrency remains up 88% over the past year and is trading close to its all-time highs. Market analysts suggest this decline is a minor blip in Ethereum's overall growth trajectory, with a positive outlook for its long-term value.
Source: YAHOO