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Ethereum falls below $2,300 as Bitcoin's failed $79K breakout triggers crypto market selloff.

Market News
27 Apr 2026
CryptoTicker
View Source
Bearish
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Ethereum dropped below the key $2,300 level following Bitcoin's failure to sustain a pump toward $79,000, which led to a broader crypto market pullback. This decline was driven by short-term trading pressure and liquidations rather than negative Ethereum-specific news, despite bullish institutional buying by BitMine. Ethereum's price is now at a sensitive point, needing to reclaim $2,300 to avoid further downside toward $2,250 or $2,200. The short-term outlook remains volatile, dependent on Bitcoin stabilizing above $76,000 to $77,000 and Ethereum regaining key support levels.

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