Ethereum Price Drops by 1.79% to $3573.01
Ethereum had a bit of a rocky day, dropping $64.98, which is a 1.79% decrease, bringing its value to $3573.01. It’s been on a bit of a rollercoaster lately, down three out of the last five days.
However, it’s not all bad news for Ethereum. Despite its recent dip, it’s still up by an impressive 41.89% for the month, putting it on track for its best month since February 2024 when it saw a 47.23% increase. Looking at the bigger picture, Ethereum is up a whopping 56.51% for the year so far.
Although Ethereum is down 25.56% from its all-time high of $4800.00 on November 9, 2021, it’s still performing significantly better than it was a year ago, up 74.62% from the same time last year when it was trading at $2046.19.
Today, Ethereum dipped as low as $3531.36, down 2.93% at its low point. But don’t panic just yet—prices fluctuate throughout the day.
Just a reminder, all this information is based on a 5 p.m. ET snapshot from Kraken, with data compiled by Dow Jones Market Data. Stay tuned for more updates on Ethereum’s journey.
