Ethereum price is down today amid significant selling pressure, widening its YTD downfall to more than 45%. While some on-chain data hints at potential exhaustion of sellers, triggering buy-the-dip sentiment, but recovery will depend on broader market stability and upside momentum above $2,000. Ethereum Price Down amid Broader Crypto Market Selloffs and Bitcoin Weakness Today
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Matthew Ruthven is a crypto journalist and blockchain strategist with a passion for exploring the intersection of technology, finance, and decentralized governance. With a background in software development and digital economics, he brings a technical yet accessible approach to analyzing the latest trends in cryptocurrency and Web3 innovation.