Ether Drops Below $3,000 for First Time Since July 2025

Ether Drops Below $3,000 for First Time Since July 2025

The cryptocurrency has fallen nearly 40% since October 6, marking a significant downturn in its market value.

ETH

Summary

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Terms & Concepts
  • Ether (ETH): The native cryptocurrency of the Ethereum blockchain, used for transactions and smart contract execution.
  • Smart contract: Self-executing blockchain code that automatically enforces agreements without intermediaries.