Ethereum Drops Below $2,700 Amid Market Volatility

In Brief:

ETH price dipped below $2,700, marking a 2.07% decline in the past 24 hours.

The drop follows broader market corrections, with traders eyeing key support levels.

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Ethereum has fallen below the $2,700 mark, with a 2.07% drop over the past 24 hours, according to OKX market data. The price movement reflects ongoing market volatility, with traders closely watching whether ETH can hold above critical support zones.

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The recent decline aligns with broader crypto market corrections, as Bitcoin and other major assets also face increased sell pressure. Analysts suggest that ETH needs to reclaim $2,750–$2,800 to resume its bullish momentum.

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