Ethereum (ETH) has experienced significant price fluctuations recently. As of March 12, 2025, ETH is trading around $1,862.46, reflecting a slight decrease of approximately 1.35% from the previous day. Over the past week, Ethereum's price has declined by about 14%, reaching a low of $1,755, the lowest since October 2023. This downturn is part of a broader cryptocurrency market correction, influenced by macroeconomic factors and investor sentiment. Despite the recent dip, Ethereum continues to be a pivotal platform in the decentralized finance (DeFi) space, with ongoing developments that could influence its future valuation. Investors are advised to monitor market trends and conduct thorough research before making investment decisions.
