In Exactly How Much Trouble is the Ethereum Price Right Now? Analyst Weighs In

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Ethereum (ETH) faced renewed downside over the weekend following a US airstrike on Iranian nuclear facilities. The geopolitical tension rattled crypto markets, which pushed ETH briefly below the $2,200 mark. Although prices have since rebounded, the crypto asset has lost almost 15% over the past week, amid broader market unease as conflict escalates in the Middle East. New data suggest that Ethereum’s recent price drop may not be over. ETH Selloff Amid Weak Fundamentals According to Matrixport’s...