Ethereum Price Plummets: Market Experts Signal Continued Correction

Bitcoin’s recent dip below $100,000 for the first time since June has triggered a decline in altcoins. Ethereum (ETH) is experiencing a significant drop of over 20% in a two-day stretch, similar to the October 10th crash. Reaching its lowest point since mid-July, ETH is currently hovering around $3,000. This marks Ethereum’s second notable correction within a month following a substantial 25% drop on October 11th from just below $4,500.