Ethereum (ETH) Drops Below $3,800 Despite 1.58% Daily Uptick
July 27, 2025 — Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has slipped below the $3,800 mark, trading at approximately $3,795 USDT at the time of writing. Despite the drop, ETH still recorded a modest 1.58% increase over the last 24 hours, indicating a tightly constrained trading range amid broader market uncertainty.
Crypto analysts note that Ethereum’s price movement reflects investor hesitation as the market weighs upcoming economic data and potential shifts in U.S. monetary policy. Meanwhile, Ethereum's 24-hour trading volume remains steady, showing continued interest from both retail and institutional traders.
Market watchers are keeping a close eye on the $3,800 level, which has served as a key psychological and technical threshold in recent weeks.