FeesSafety
Pluang+

Ethereum drops below $1,700 for first time since April 2025 amid crypto market selloff.

Market News
05 Jun 2026, 08:54 WIB
Crypto Briefing
View Source
Bearish
Ethereum drops below $1,700 for first time since April 2025 amid crypto market selloff.

Ethereum's price fell below $1,700 on June 5, 2026, marking its lowest level since April 2025. This decline is part of a broader cryptocurrency market selloff driven by ETF outflows, macroeconomic risks, and increased liquidations. The breach of this key price level signals a continuation of the downward trend that started in late May 2026, reflecting growing risk-off sentiment among investors. Market watchers will closely monitor macroeconomic indicators, regulatory changes, and ETF flows for signs of stabilization or further declines in Ethereum's price.

More News (ETH)

Ether (ETH) price surpasses $2,050 on Binance, marking a 0.58% rise in one hour

Ether (ETH) price surpasses $2,050 on Binance, marking a 0.58% rise in one hour

Ether (ETH), the second-largest cryptocurrency by market capitalization, crossed the $2,050 mark on Binance's spot market, trading at $2,052 as of 3:22 p.m. ET on November 10. This price represents a $9 increase from 15 minutes earlier and a 0.58% ri...

Market News
Bullish
6 hours ago
Bitcoin dips near $73K as US inflation surprises higher, boosting Fed rate hike bets.

Bitcoin dips near $73K as US inflation surprises higher, boosting Fed rate hike bets.

Bitcoin fell below $74,000 after US October inflation data showed a stronger-than-expected 0.4% monthly rise in CPI, raising concerns about persistent inflation. This increased expectations for a Federal Reserve rate hike in December, pressuring cryp...

Market News
Bearish
11 hours ago
Ethereum co-founder shifts focus to Ether as store of value amid Bitmine's large ETH accumulation.

Ethereum co-founder shifts focus to Ether as store of value amid Bitmine's large ETH accumulation.

Ethereum co-founder Vitalik Buterin emphasized Ether's role as a store of value rather than relying on fee burning for scarcity. Bitmine, the largest listed Ether holder, now owns nearly 5% of all Ether, staking most of it to earn rewards. Despite th...

Market News
Neutral
11 hours ago
Ethereum falls below $2,250, hitting $2,126 amid market fears and heavy liquidations.

Ethereum falls below $2,250, hitting $2,126 amid market fears and heavy liquidations.

Ethereum recently lost its key support level at $2,250, dropping to around $2,126, marking a 15.1% decline in just one month. This decline has sparked bearish sentiment among traders, with concerns that ETH could fall below $2,000 if it fails to recl...

Market News
Bearish
12 hours ago
Ethereum needs 133% gain to hit record highs in 2027 amid ETF outflows and upgrade delays.

Ethereum needs 133% gain to hit record highs in 2027 amid ETF outflows and upgrade delays.

Ethereum's price dropped to around $2,130, over 55% below its August 2025 peak of nearly $4,955, requiring a 133% rise to reclaim that high. Institutional ETF withdrawals, including $184.6 million on November 9 alone, pose a major obstacle to recover...

Market News
Neutral
13 hours ago
banner-footerbanner-footer

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