$ETH
Ethereum (ETH), the second-largest cryptocurrency, powers decentralized applications and smart contracts. Recently, ETH fell 46% to around $220 billion market cap, hit hard by Trump’s tariffs and negative investor sentiment. Despite this, Ethereum’s ecosystem, including DeFi and NFTs, remains robust. Its Layer 2 solutions like Arbitrum enhance scalability, but high gas fees on the mainnet deter some users. The Trump family’s support via World Liberty Financial highlights ETH’s prominence. Long-term, Ethereum’s utility suggests recovery potential, but short-term volatility persists.
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Investors should weigh ETH’s fundamentals against current market pressures.