Ether Plunges Below $3,000 Amid Market Uncertainty: Liquidations and Regulatory Concerns Loom

Ethereum’s price plummeted below the crucial $3,000 mark in November 2025, wiping out substantial yearly gains. This dramatic drop is largely attributed to a confluence of factors including significant DeFi exploits, macroeconomic uncertainties, and ETF outflows. The market saw over $1 billion in liquidations, significantly impacting the crypto ecosystem’s stability. The crash also underscores vulnerabilities within Ethereum’s network, raising concerns about broader market contagion.