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Ethereum Price Today: ETH is Down 2%, Trades at $2,653.
Highlights
Ethereum's price currently trades at $2,653 after a 2.0% drop, recovering slightly in the Asian session.
Ethereum's year-to-date returns trail behind Bitcoin (+52%), Solana (+51%), and SUI (+135%), at +15%.
A potential Bitcoin breakout could propel Ethereum to significant price gains, despite its current cautious market outlook.
The current price of Ethereum (ETH) today is $2,631.1 as of 10 AM. Ether prices hit a daily high of $2,710.7 today after sliding -2.86% on October 22.
Why is Ethereum Price Down Today?
Ethereum price dropped 2.0% but currently trades at $2,653 on October 22, 2024. On Monday, Bitcoinâs sudden crash took Ether and the rest of the crypto markets down with it. Although the ETH price recovered in the early Asian session, investors must remain cautious of a potential trend continuation in the New York trading session.
