Ethereum Price Drops Below $3,200 Amid Market Volatility

The Ethereum price experienced a significant decline below the $3,200 mark on November 16, 2025, according to recent data from Binance and HTX. This marks a noticeable shift in the cryptocurrency market as seen by both platforms, with a daily drop of 5.52% according to Binance Square and 6.42% according to HTX. The price dip is linked to large ETH sales reported by exchanges such as Binance and BlackRock, which impacted market sentiment.