$ETH Ethereum's price can go down for several reasons. Market sentiment plays a big role—if investors feel uncertain or fearful, they may sell their assets, causing prices to fall. Regulatory news, like government crackdowns on crypto, can also impact Ethereum negatively. Technical issues, such as network congestion or delays in upgrades, may reduce confidence in the platform. Additionally, competition from other blockchains offering faster or cheaper transactions can pull users away. Broader economic factors, such as inflation, interest rates, or a strong U.S. dollar, can also influence Ethereum's value. Finally, large holders selling off their ETH can trigger panic and further price drops.
