Ethereum Price Plunges Below $2,800 as Market Sell-Off Intensifies

Ethereum’s price experienced a significant drop below $2,800, marking a 9.90% decline within the past 24 hours on Binance. This sharp fall follows broader market sell-offs that have impacted major cryptocurrencies including Bitcoin and Solana. Over $160 million in liquidations were recorded by Binance, suggesting reduced market speculation and volatility. 75.4 million USD was lost in Ethereum liquidations alone.