Ethereum’s drop below $3,100, as reported by OKX, highlights persistent market weakness across major cryptocurrencies during the early December trading period.
On December 5, OKX market data showed Ethereum (ETH) falling to $3,099.34, a 3.39% decline over the past 24 hours. This drop reflects continued weakness in the broader cryptocurrency market, following a slide below $2,900 on December 1. Ethereum’s price has fallen nearly 40% from its yearly peak amid sustained market pressure.