Ethereum Plummets below $3,300, Erasing 2025 Gains in Market Crash

The cryptocurrency market is experiencing a significant downturn, led by a dramatic drop in Bitcoin’s price and Ethereum’s substantial decline. The second-largest cryptocurrency has fallen below the $3,300 mark, marking a new multi-month low. This marks the first time since July that Ethereum has traded at this level. Analysts attribute the recent market slump to widespread uncertainty within the crypto space.