
Ethereum’s drop to $2,799.69 reflects persistent weakness in major cryptocurrencies, with market data showing continued volatility during the broader digital asset downturn.
On November 24, Ethereum fell to $2,799.69, marking a 1.30% decline for the day, according to OKX market data. This follows a February 14 slide below $2,700, its lowest level since July, amid broad-based losses across digital assets. Bitcoin had previously fallen below $82,000 on November 21 before recovering to $84,271, representing a 9.88% year-to-date decrease, while Ethereum’s valuation is down 17.88% year-to-date. The latest movement underscores ongoing volatility and persistent downward pressure in the cryptocurrency market.