Ethereum Plummets Below $4K Amidst Crypto Market Selloff

A significant selloff has hit the cryptocurrency market, driving Ethereum’s price down over 10% in the past 24 hours and pushing it below the $4,000 mark for the first time in weeks. The current price sits around $3,900, a drop triggered by the market-wide crash triggered by President Trump’s 100% tariff announcement on China, set to take effect on November 1st. This move has sent shockwaves through global risk assets, from stocks to crypto.