Ethereum Drops Below $2500 Amid Broader Crypto Market Liquidation
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Ethereum dropped below $2500 as broader cryptocurrency market liquidations swept across major exchanges, triggering heavy sell-offs in decentralized finance. Ethereum slipped below the crucial $2500 threshold on CoinDesk markets data , as a wave of intense selling pressure rippled across the broader digital asset ecosystem. The world’s second-largest cryptocurrency by market capitalization experienced a steep intraday decline, shedding multi-week gains and testing the patience of spot holders and institutional investors alike. The swift downturn quickly cascaded through decentralized finance and derivatives markets, resulting in a surge of forced liquidations.
Source: Cryptopress
