Ethereum

Bitcoin

<p>Ethereum (ETH) is experiencing a significant price drop, leaving investors anxious about its short-term prospects. After peaking at $4,109 earlier this week, the cryptocurrency has fallen nearly 20%. The decline is being driven by a mix of whale activity, institutional selling, and global developments, raising concerns about further losses.</p>   
<h2 class="wp-block-heading" id="h-el-salvador-s-imf-agreement-stirs-the-market"><strong>El Salvador’s IMF Agreement Stirs the Market</strong></h2>   
<p>A major factor weighing on market sentiment is El Salvador’s recent agreement with the International Monetary Fund (IMF). The country’s<a href="https://coinpedia.org/news/el-salvadors-bitcoin-holdings-skyrocket-133-despite-imf-stark-warnings/" target="_blank" rel="noreferrer noopener"> $1.4 billion loan deal</a> includes conditions to scale back its Bitcoin-friendly policies, sending ripples through the crypto market. Additionally, El Salvador’s move to mandate tax payments exclusively in U.S. dollars has further dampened enthusiasm among crypto supporters.</p>   
<h2 class="wp-block-heading" id="h-ethereum-foundation-s-selling-adds-to-the-pressure"><strong>Ethereum Foundation’s Selling Adds to the Pressure</strong></h2>   
<p>The Ethereum Foundation’s decision to sell large amounts of ETH is another contributor to the price drop. Recently, the Foundation sold 100 ETH, which resulted in a 17% decline in Ethereum’s value. Over the past year, the Foundation has sold 4,466 ETH, worth roughly $12.6 million. </p>   
<p>This consistent selling has heightened bearish sentiment in the market.</p>   
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   https://twitter.com/lookonchain/status/1870009192515547182 
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<p>The market is also facing significant selling pressure from large players. Recently, a whale <a href="https://x.com/lookonchain/status/1869989935513776387" target="_blank" rel="noreferrer noopener nofollow">deposited nearly 50,000 ETH</a>, worth about $170 million, into Binance, triggering fears of more selling.&nbsp;</p>   
<p>The whale also withdrew over $137 million worth of stablecoins, indicating a shift in strategy that might have influenced <a href="https://coinpedia.org/price-prediction/market-price-prediction-ethereum-2019/" target="_blank" rel="noreferrer noopener">Ethereum’s price</a>.</p>   [post_titles_links postid="395682"]   
<h2 class="wp-block-heading" id="h-ethereum-price-analysis">Ethereum Price Analysis</h2>   
<p>Looking ahead, Ethereum’s price may test the $3,000-$3,025 range, where support from the 200-day <a href="https://coinpedia.org/traders/exponential-moving-average-ema/" target="_blank" rel="noreferrer noopener">exponential moving average</a> (EMA) could help stabilize it. However, if selling pressure persists, further declines are possible.</p>   
<p>Currently, Ethereum is trading around $3,125, reflecting a 15.6% drop in the last 24 hours. Despite this, the $3,250 support level may prevent further declines.</p>   [article_inside_subscriber_shortcode title="Never Miss a Beat in the Crypto World!" description="Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more." category_name="News" category_id="6"]   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1734701335408">
  <strong class="schema-faq-question"><strong><strong>What is the current ETH Price today?</strong></strong></strong> 
  <p class="schema-faq-answer">At press time, the Ethereum price trades at $$3,220.46.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1734701359950">
  <strong class="schema-faq-question"><strong><strong>What will the price of Ethereum be in 2025?</strong></strong></strong> 
  <p class="schema-faq-answer">As per our Ethereum price prediction 2025, the ETH price could reach a maximum of $6,925.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1734701365318">
  <strong class="schema-faq-question"><strong><strong>Is Ethereum a good investment?</strong></strong></strong> 
  <p class="schema-faq-answer">As the altcoin season begins, the short-term gains make Ethereum a lucrative buying option. However, the long-term promises of this programmable blockchain make it a viable long-term crypto investment.&nbsp;</p> 
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Why Ethereum Price is Down Today? Market Fear Grips ETH

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