Ethereum Plummets Amid Tariffs: A Look at Market Volatility

Ethereum has experienced a significant price drop in recent days, exceeding 10% decline in the past week and falling to its lowest point since early 2023. This sell-off coincides with a broader market downturn driven by new tariffs imposed by Donald Trump on Chinese goods, prompting investors to withdraw funds from risky assets like cryptocurrencies. The fallout has been felt across global markets, leaving Ethereum particularly vulnerable.