Coinspeaker
Ethereum Price Crashes 7.87%, Is This Final ETH Dump before Pump?
Amid the broader crypto market selloff, Ethereum price
ETH
$3 064
24h volatility:
7.3%
Market cap:
$369.44 B
Vol. 24h:
$29.35 B
has tanked more than 7.87% while once again testing the crucial support levels of $3,000. With this, ETH has extended its weekly losses to nearly 10% with the 24-hour liquidations soaring to more than $84.5 million.
With Ethereum’s continuous underperformance against other altcoins in the market, investor sentiment has turned low. However, data shows that the February and March months have been historically bullish for the altcoin.
Over the past six years, Ethereum has been posting consistent gains in the month
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