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Ethereum, the world-renowned cryptocurrency, witnessed a significant drop in its value today. The digital asset plunged by $79.66 or 3.18% to hit a new low at $2427.53. This dip marks the lowest level since June 5, 2025, when Ethereum was traded at $2399.34.
The cryptocurrency has been on a downward trend, decreasing for three out of the last four days. In fact, it has fallen for two consecutive days, registering a cumulative decline of 4.03% during this period. The month-to-date decline stands at 4.54%.
Looking at the broader picture, Ethereum has depreciated by 27.42% since the beginning of the year. From its all-time high of $4800.00 on November 9, 2021, the cryptocurrency is down by a significant 49.43%. Furthermore, it has fallen by 31.02% from its value on the same date last year (June 21, 2024), when it was traded at $3518.95.
Despite the dip, Ethereum has still managed to surge by 64.09% from its 52-week low of $1479.38 on April 8, 2025. The digital asset today traded as low as $2374.82, the lowest intraday level since May 19, 2025, when it hit $2353.53. At its intraday low today, it was down by 5.28%.
The data provided here is based on a 5 p.m. ET snapshot from Kraken, compiled by Dow Jones Market Data.
