Ethereum News: Price Plummets 15%, Analysts Warn of Worst Q1 Ever
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In a volatile market, Ethereum’s price has taken a significant hit, raising concerns among analysts and investors alike.
Ethereum Price Drops 15%: Worst Q1 Ahead
Ethereum (ETH) has seen a significant decline recently, dropping 15% in just 24 hours, bringing its price down to $2,050. This sharp decrease has erased all of the gains made over the weekend and marked a return to levels last seen in November 2023. With ETH’s performance worsening, analysts are warning that the cryptocurrency could be heading towards its worst first quarter in history, with a potential drop to as low as $1,600. Ethereum has been underperforming for the past few months, facing a combination of factors that have contributed to its decline. Several issues, including weak investor sentiment, declining institutional demand, and broader economic concerns, have caused Ethereum to struggle. Rising global uncertainty, particularly due to geopolitical tensions, are also contributing to the market’s volatility.
Ethereum Price Plunges 37% in 2025: Will It Crash Below $2,000?
Ethereum struggles as price plunges 37.06% year-to-date, hovering near $2,000 after $2,500 rejection. Institutional outflows hit hard; BlackRock’s ETHA lost $164 million since February 24, down 38.59%. Analysts see rebound potential; Bitcoin Buddha predicts recovery to $2,812, possibly hitting $4,059. Ethereum has suffered in recent weeks, with its price falling below critical support levels. After facing rejection at $2,500, the cryptocurrency is now hovering near $2,000, marking a staggering year-to-date decline of 37.06%. Analysts warn that if the decline continues, Ethereum could be heading toward its worst first quarter in history.
Ethereum’s Bearish Momentum: Is a Bigger Drop Coming for ETH?
Ethereum faces bearish pressure, dropping 11% to $2,098 as its ascending support breaks, resembling a 2021 double-top pattern. market sentiment flipped after Trump’s tariff announcement, wiping out ETH gains from the U.S. Crypto Strategic Reserve news. Whales offloaded 30,000 ETH as DeFi activity weakens, with futures open interest and stablecoin liquidity both in decline. Analysts sound alarm as Ethereum continues to decline.
Rumble Kong League to Launch FAME Token on Ronin Next Week
Ethereum mobile basketball game Rumble Kong League will launch its FAME token on the gaming-focused Ethereum sidechain network Ronin on March 11. FAME will act as the project’s utility token in an ecosystem of sports-related endeavors, with a total supply of 7 billion tokens. The project recently migrated to Ronin from Avalanche. The token launch was announced on the project’s Twitter account.
