Ethereum Plummets: 70% of Traders See Biggest Market Hit

A recent poll reveals that nearly three-quarters of over 4,300 respondents believe Ethereum has taken the hardest hit in the current crypto market downturn. Since February, the price of Ethereum has plummeted by a staggering 65%, crashing from $4,000 to a low of $1,400 within just over three months. This severe price drop was fueled by a confluence of factors: massive ETF outflows, particularly those tied to Ethereum-based products, signaled waning institutional confidence, while retail market panic selling further amplified the decline.