Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Ethereum falls 32% in 2026, testing $2,000 support amid ETF outflows and macro pressures

Market News
31 May 2026
Bitcoin
View Source
Bearish
pluang ai news

Ethereum has dropped about 32.4% year-to-date in 2026, trading near the $2,000 support level after significant losses in early months and ongoing ETF outflows. This decline outpaces Bitcoin's roughly 15% loss and reflects a shift in investor preference amid uncertain macroeconomic conditions. Despite price drops, Ethereum's network remains strong with 33% of supply staked and $42 billion locked in DeFi. The upcoming Glamsterdam upgrade, expected by Q3 2026, aims to improve network efficiency and increase gas limits, potentially supporting a price recovery if broader market conditions improve.

More News (ETH)

Ethereum price drops 7%, may fall to $1,400 amid rising exchange inflows and rate hike fears.

Ethereum price drops 7%, may fall to $1,400 amid rising exchange inflows and rate hike fears.

Ethereum (ETH) has fallen 7% in the past week, dropping below $1,600 as whales increase token inflows to exchanges, signaling potential further selling. Market conditions have worsened with rising odds of a U.S. Federal Reserve rate hike in September...

Market News
Bearish
7 hours ago
Crypto market sees $1.42B liquidations; Ethereum under pressure but signs suggest selling may ease.

Crypto market sees $1.42B liquidations; Ethereum under pressure but signs suggest selling may ease.

The crypto derivatives market experienced $1.42 billion in liquidations within 24 hours, with Ethereum accounting for $349.17 million, mostly from long positions. Ethereum tested the $1,550 level amid a bearish trend and declining adoption signals, i...

Technical Signals
Bearish
9 hours ago
Cryptocurrency prices mostly decline with Bitcoin near $59,280 and Ethereum down 3.5%.

Cryptocurrency prices mostly decline with Bitcoin near $59,280 and Ethereum down 3.5%.

Cryptocurrency markets saw a general decline with Bitcoin priced around $59,280, down 1.44%, and Ethereum falling 3.54% to about $1,562. Other major coins like BNB, XRP, and SOL also experienced losses. This reflects ongoing volatility in the crypto ...

Market News
Bearish
12 hours ago
Bitcoin's drop below $60K triggers $1.48B crypto liquidations amid inflation fears and rate hike expectations

Bitcoin's drop below $60K triggers $1.48B crypto liquidations amid inflation fears and rate hike expectations

Bitcoin fell below $60,000, causing $1.48 billion in crypto liquidations, mainly hitting long traders. This drop follows stronger U.S. inflation data, raising expectations that interest rates will stay higher for longer. Bitcoin options worth $9.33 b...

Market News
Bearish
12 hours ago
Bitcoin drops to $58,000, lowest since 2024, but signs of a short squeeze emerge amid crowded bets on further decline.

Bitcoin drops to $58,000, lowest since 2024, but signs of a short squeeze emerge amid crowded bets on further decline.

Bitcoin fell sharply by 5% to $58,000, its lowest level since 2024, before rebounding slightly to $59,400. The broader crypto market also declined, influenced by a hawkish Fed signaling imminent rate hikes. Despite the downtrend, derivatives data sho...

Market News
Neutral
13 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App