Ethereum Plunges: Market Uncertainty and Institutional Shifts

Ethereum’s price experienced a sharp decline recently, shaking the crypto market. This downturn has impacted both individual investors and institutional players, resulting in significant losses for some while others capitalized on the opportunity. 7.3% of Ethereum’s value declined over the past week, with a further 1.54% drop within the last day, bringing its trading value to approximately $4,166 at time of writing. This decline has led to substantial liquidations and investor losses.