#ETHCrossed2500 Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced a notable dip below the $2,500 threshold early Friday, trading at $2,491.16 USDT as of 07:06 AM UTC, according to real-time data from Binance. While the asset remains in positive territory over the past 24 hours with a 5.17% gain, this uptick reflects a significant slowdown compared to earlier surges, signaling potential volatility and shifting investor sentiment in the crypto market.
**Price Movement and Context**
ETH’s drop below $2,500 comes after a week of mixed performance across major cryptocurrencies. Earlier in the week, Ethereum had rallied to a high of $2,650, buoyed by renewed optimism around network upgrades and institutional adoption. However, the momentum began tapering off Thursday evening, with prices gradually retreating as traders appeared to lock in profits