$ETH
Reasons Behind Ethereum's (ETH) Recent Price Drop
current price : 1415$
Ethereum has recently experienced a sharp decline in its price due to several key factors. One of the main reasons was the announcement of new 10% tariffs by President Trump on imported goods on April 3, 2025. This news created tension in global financial markets, causing ETH to drop by approximately 2.9%.
In addition, the liquidation of a major whale holding over 67,000 ETH on the Maker platform added selling pressure. A 43% decrease in the total value locked (TVL) in Ethereum-based DeFi projects also signals declining user confidence.
From a technical standpoint, breaking key support levels triggered further concerns. If ETH falls below $1,200, there is a potential drop to $1,000. Compared to Bitcoin, Ethereum has shown weaker performance since the beginning of 2025, with the ETH/BTC ratio falling to its lowest level in five years.
Lastly, ongoing legal scrutiny and increased pressure from the SEC have added to market uncertainty.