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Ether falls 4.38% below $2,300 amid broad crypto market decline and ETF outflows

Market News
24 Oct 2026
CryptoTicker
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Bearish
Ether falls 4.38% below $2,300 amid broad crypto market decline and ETF outflows

Ether dropped 4.38% to $2,297.96, slipping below the $2,300 support level, while Bitcoin fell 2.41% to $79,543 amid a broad retreat from risk affecting most major cryptocurrencies. The decline is driven by a lack of ETF inflows, significant liquidations of leveraged long positions totaling $340 million, and upcoming events like the October 30 options expiry and the US Federal Reserve meeting. Investors should monitor liquidation prices, funding rates, and consider staggering purchases due to increased volatility and tax implications in Germany. Recovery depends on renewed ETF inflows and a rise in Ether relative to Bitcoin, as indicated by the ETH/BTC ratio.

As of Oct 25, 2026 01:21 WIB, Ethereum trades at Rp41.998.434 on Pluang, down 3.22% in the last day. Bitcoin is priced at Rp1.451.346.510 with a smaller 1.38% decline over the same period. Pluang users show a majority buying interest in both assets, with 62% buying Ethereum and 63% buying Bitcoin, reflecting ongoing investor engagement despite recent price drops.

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