Ethereum Price Plummets Below $3,000, Raising Market Concerns

Ethereum’s price has taken a sharp downturn, currently trading below $3,000. According to CoinMarketCap data, it has dropped 6.31% in the last 24 hours, hitting lows not seen since earlier this year. The price failed to hold above $3,150 and has significantly declined below the crucial $3,000 mark.