$ETH

The price of Ethereum (ETH) has decreased due to factors such as global economic uncertainty, lack of regulation and trust, low adoption and utility, and market speculation and sentiment. Specific events like liquidations on DeFi lending platforms and the delay in the Pectra update have also influenced the price drop. Some experts believe that the price of ETH could continue to decline, with possible price targets in the range of $990 to $1,240. The situation is volatile and can change rapidly. Price fluctuations of ETH are common in the cryptocurrency market.