Ethereum Price Drops Below $1,700 Amidst Market Turmoil and Whale Activity

Ethereum’s price has plunged below the crucial threshold of $1,700, signaling a significant turning point in its market performance. This decline coincides with broader cryptocurrency market volatility triggered by recent tariff announcements and macroeconomic uncertainties. While the bearish trend persists, large Ethereum whales have been actively buying the asset, hinting at potential optimism for a future price rebound.