Ethereum Plummets to Three-Month Low Amidst Broader Market Sell-Off

Ethereum experienced a significant downturn in value, plummeting below the $3,200 mark over the past 24 hours and touching its lowest level since July 2025. The decline was fueled by accelerating bearish momentum reflected in the MACD histogram (-12.59) and a surge in trading volume exceeding $66.2 billion across major exchanges. The market downturn also appears to be driven by Bitcoin’s break below $100,000, resulting in a ripple effect of selling pressure that has affected the broader crypto market. ]