The price of Ethereum, the second-largest cryptocurrency, experienced a significant drop of over 9% within a 24-hour period. This decline brought ETH's price down to levels not seen since mid-November at $3,300. Traders were influenced by strong US macroeconomic data, which diminished hopes of a rate cut by the Federal Reserve.
- Content Editor ( coingape.com )
- 2025-01-08
How Did Ethereum Price Lose 9% of Its Value in Just 24 Hours?