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

Market News
05 Jun 2026
Crypto Briefing
View Source
Bearish
pluang ai news

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.

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