After rising above the $1,600 mark in March, following the bail attempts of the Silicon Valley Bank by the Federal Reserve, Ethereum price has remained above this level since then. The second largest cryptocurrency by market capitalization is trading 24% below the 2023 high at $2,140 with multiple metrics suggesting that it could drop below $1,600. This is validated by the current bearish sentiment in the market and declining metrics related to the Ethereum network. Data from Alternative, a company that analyzes “emotions and sentiments” around cryptocurrencies, shows that the Crypto Fear and Greed index is in the “Fear” zone.
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Mkt Cap $2.28T
BTC Dom 56.65 %
BTC
$64,333.00
▼ -0.80%
ETH
$1,902.99
▼ -0.40%
USDT
$0.999307
▲ +0.00%
BNB
$587.58
▼ -1.60%
USDC
$0.999632
▲ +0.00%
XRP
$1.03
▼ -2.30%
SOL
$72.90
▼ -1.80%
TRX
$0.326738
▲ +0.30%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$55.65
▼ -1.30%
DOGE
$0.069198
▼ -1.00%
USDS
$0.999932
▲ +0.00%
RAIN
$0.012591
▼ -0.30%
LEO
$9.75
▲ +0.00%
ZEC
$501.94
▼ -1.40%
ADA
$0.201441
▲ +7.10%
XMR
$370.87
▲ +1.30%
WBT
$55.73
▼ -0.70%
LINK
$8.19
▲ +0.00%
XLM
$0.16172
▼ -0.60%
DAI
$1.00
▲ +0.00%
BCH
$215.56
▲ +0.00%
USD1
$0.999728
▲ +0.00%
USDE
$0.999585
▲ +0.00%
GRAM
$1.34
▼ -4.00%
Mkt Cap $2.28T
BTC Dom 56.65 %
BTC
$64,333.00
▼ -0.80%
ETH
$1,902.99
▼ -0.40%
USDT
$0.999307
▲ +0.00%
BNB
$587.58
▼ -1.60%
USDC
$0.999632
▲ +0.00%
XRP
$1.03
▼ -2.30%
SOL
$72.90
▼ -1.80%
TRX
$0.326738
▲ +0.30%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$55.65
▼ -1.30%
DOGE
$0.069198
▼ -1.00%
USDS
$0.999932
▲ +0.00%
RAIN
$0.012591
▼ -0.30%
LEO
$9.75
▲ +0.00%
ZEC
$501.94
▼ -1.40%
ADA
$0.201441
▲ +7.10%
XMR
$370.87
▲ +1.30%
WBT
$55.73
▼ -0.70%
LINK
$8.19
▲ +0.00%
XLM
$0.16172
▼ -0.60%
DAI
$1.00
▲ +0.00%
BCH
$215.56
▲ +0.00%
USD1
$0.999728
▲ +0.00%
USDE
$0.999585
▲ +0.00%
GRAM
$1.34
▼ -4.00%
BTC
$64,333.00
▼ -0.80%
ETH
$1,902.99
▼ -0.40%
USDT
$0.999307
▲ +0.00%
BNB
$587.58
▼ -1.60%
USDC
$0.999632
▲ +0.00%
XRP
$1.03
▼ -2.30%
SOL
$72.90
▼ -1.80%
TRX
$0.326738
▲ +0.30%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$55.65
▼ -1.30%
DOGE
$0.069198
▼ -1.00%
USDS
$0.999932
▲ +0.00%
RAIN
$0.012591
▼ -0.30%
LEO
$9.75
▲ +0.00%
ZEC
$501.94
▼ -1.40%
ADA
$0.201441
▲ +7.10%
XMR
$370.87
▲ +1.30%
WBT
$55.73
▼ -0.70%
LINK
$8.19
▲ +0.00%
XLM
$0.16172
▼ -0.60%
DAI
$1.00
▲ +0.00%
BCH
$215.56
▲ +0.00%
USD1
$0.999728
▲ +0.00%
USDE
$0.999585
▲ +0.00%
GRAM
$1.34
▼ -4.00%
Mkt Cap $2.28T
BTC Dom 56.65 %
BTC
$64,333.00
▼ -0.80%
ETH
$1,902.99
▼ -0.40%
USDT
$0.999307
▲ +0.00%
BNB
$587.58
▼ -1.60%
USDC
$0.999632
▲ +0.00%
XRP
$1.03
▼ -2.30%
SOL
$72.90
▼ -1.80%
TRX
$0.326738
▲ +0.30%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$55.65
▼ -1.30%
DOGE
$0.069198
▼ -1.00%
USDS
$0.999932
▲ +0.00%
RAIN
$0.012591
▼ -0.30%
LEO
$9.75
▲ +0.00%
ZEC
$501.94
▼ -1.40%
ADA
$0.201441
▲ +7.10%
XMR
$370.87
▲ +1.30%
WBT
$55.73
▼ -0.70%
LINK
$8.19
▲ +0.00%
XLM
$0.16172
▼ -0.60%
DAI
$1.00
▲ +0.00%
BCH
$215.56
▲ +0.00%
USD1
$0.999728
▲ +0.00%
USDE
$0.999585
▲ +0.00%
GRAM
$1.34
▼ -4.00%
