Ethereum Price Needs To Reclaim This Key Level To Prevent Drop To $1,700
November 5, 2025 · 10:00 AM
On Tuesday, Ethereum's price dropped by 8%, exacerbating concerns as it approaches critical support levels near $3,000. This decline is attributed to the Federal Reserve's recent meeting, where uncertainty about future interest rate cuts negatively impacted the crypto market. Additionally, President Trump's new tariffs on China prompted investors to shift towards safer assets.
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