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25/09/25 07:51 UTC-04

Ether Falls Below $4,000 for the First Time Since Early August

Cryptocurrency Cryptocurrency
Cryptocurrency Ether Falls Below $4,000 for the First Time Since Early August

Ether dropped below $4,000, hitting its lowest level in nearly seven weeks amid a broad selloff in digital assets that has wiped out more than $140 billion in market value since the start of the week, Bloomberg reports.

The world’s second-largest cryptocurrency fell 4% to $3,969 on Thursday, while Bitcoin slipped 0.7%, testing the $112,000 level after failing to hold above $114,000 yesterday. Ether broke through the key psychological $4,000 threshold for the first time since August 8.

The decline in Ether came amid “cooling institutional interest” combined with “technical signals pointing to short-term pressure,” said Rachel Lucas, a crypto analyst at BTC Markets.

Investors have pulled nearly $300 million from U.S.-based Ethereum ETFs since Monday, when the market lost $1.7 billion in bullish bets, affecting most major tokens. Lucas expects further liquidations if Ether falls below $3,800.

See also: "Bitcoin Price Today: Falls Below $112K Ahead of Key U.S. Economic Data"

#Ethereum (ETH) #Price drop

Editor: Yulia Krasnaya
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28/05/26 03:02 UTC-04

Ethereum price risks drop as bearish pennant puts $1,800 in focus

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