Ethereum Slides Below $4,000 Amidst Market Volatility

Ethereum’s price has experienced a significant downturn, falling below the $4,000 mark and dropping nearly 9% in the last 24 hours. This drop comes as broader market volatility continues to impact the crypto landscape. The digital asset now trades at around $3,959, marking a notable decline from earlier this week’s attempts to stabilize above $4,200. Technical indicators like the RSI and MACD further suggest a bearish trend with signals of potential continued downturn.