
Why Ethereum Price is Down Today? How Low Will ETH Price Crash?
The crypto market has been hit with a sudden downturn, and Ethereum (ETH) is not spared from the impact. The cryptocurrency has plummeted by 15% in just 24 hours, erasing all its weekend gains. As of writing, ETH’s market cap has witnessed a decline over 13%, falling to $252.89 billion.
The sharp drop comes amidst a broader market downturn, which was triggered by U.S. President Trump’s announcement on tariffs for Canada, Mexico, and China. The cryptocurrency market is highly susceptible to geopolitical uncertainty and the tariff threats have sent shockwaves through the sector.
ETH’s lackluster performance over the past three months has been largely attributed to negative investor sentiment and its underperformance compared to Bitcoin (BTC). Furthermore, weak institutional demand and broader macroeconomic factors such as fears of a trade war, inflation concerns, and ongoing stock market weakness have led to a decrease in risk appetite among investors. This collective bearish sentiment has had a devastating impact on ETH’s price.
The cryptocurrency’s open interest has also seen a decline of 10.8% to $18.8 billion, while liquidations have surged to $209 million according to data from Coinglass. On the other hand, Polymarket bettors are forecasting a 76% chance of ETH reaching $1,900 by the end of the month.
ETH ETFs Experiencing Significant Outflows
In an alarming development for investors holding ETH-based exchange-traded funds (ETFs), last week saw significant outflows. The total outflow from Ether ETFs amounted to a staggering $335 million, further exacerbating the bearish sentiment surrounding the cryptocurrency. Specifically, BlackRock’s iShares Ethereum Trust (ETHA) was hit hardest with more than $164 million leaving the fund since February 24.
The price of ETHA shares has plummeted by an astonishing 38.6% since the start of this year to $16.09, indicating a complete loss of institutional interest in Ethereum and effectively erasing all gains made after the US election.
ETH’s Price Crash: A Historic Low?
Not only is this quarter shaping up to be the worst for ETH investors, but analysts believe that a drop to $1,600 would make it the worst-performing quarter in the cryptocurrency’s history. This comes on the heels of a 36% price decline since the beginning of 2025.
Peter Schiff, a renowned analyst, notes that “the worst part for investors is that ETH still has a long way to fall.” This serves as a stark reminder of the immense volatility and unpredictability inherent in the cryptocurrency market.
Despite this downturn, many analysts believe that the current situation presents a buying opportunity for investors.
Source: https://coinpedia.org/news/why-ethereum-price-is-down-today-how-low-will-eth-price-crash/