Ethereum Drops 7.73%, Ranks Third in Binance’s Biggest Decliners

In Brief

Ethereum fell 7.73% in the past 24 hours, trading at $2,307.42.

It ranks third among the biggest losers on Binance amid market volatility.

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Ethereum (ETH) has experienced a sharp 7.73% decline in the last 24 hours, bringing its price down to $2,307.42. The drop places ETH as the third-largest loser on Binance, reflecting broader market weakness and increased selling pressure.

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The downturn comes amid heightened volatility in the cryptocurrency market, with other major assets also experiencing pullbacks. Analysts attribute the decline to macroeconomic uncertainty, profit-taking, and technical resistance levels. Despite the drop, Ethereum maintains strong market fundamentals, with ongoing developments in staking, Layer 2 adoption, and institutional interest.

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Investors are closely monitoring support levels to assess potential recovery trends in the coming days.

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