19-8-2025 – Ethereum (ETH) dipped below $4,300 today, trading at $4,299.01 per coin, marking a 1.07% decline over the past 24 hours, as reported by CoinMarketCap. The drop reflects a broader market correction following a period of heightened volatility in the cryptocurrency sector. The second-largest cryptocurrency by market capitalization has struggled to maintain its recent highs above $4,500, driven by profit-taking and macroeconomic uncertainty.
Analysts note that Ethereum’s price movement is closely tied to investor sentiment around its upcoming network upgrades, including enhancements to scalability and energy efficiency. Despite the dip, Ethereum’s robust ecosystem, powered by decentralized finance (DeFi) and non-fungible token (NFT) activity, continues to support its long-term value proposition. However, resistance at $4,400 and reduced trading volume suggest cautious market participation.
