-
Ethereum Price Drops to 17-Month Lows, Gas Fees At 4-Year Lows
Ethereum price has plunged further as investor limit their risk exposure in the face of US reciprocal tariffs announced on Wednesday. The crypto coin was down by 1.7% at the time of writing and traded at $1,760- the lowest level since October 2023. ETH has lost 47% of its value year-to-date, underlining a strong bearish hold. The Ethereum blockchain ecosystem has been losing its grip of some of the most important leverages it holds against its peers in the crypto industry. For instance, its performance in the DeFi market has been on the downtrend, with its Total Value Locked (TVL) down by 8.3% to $49.7 billion. In ... (full story)
