Ethereum Plunges 10% as Crypto Market Faces Steep Sell-Off
Ethereum (ETH), the second-largest cryptocurrency by market cap, has crashed 10% in the latest market downturn, falling to an intraday low of $1,601, according to CoinGecko data. The ETH/BTC ratio has also dropped to its lowest level since March 2020, highlighting the altcoins underperformance against Bitcoin.