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Coin Telegraph

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Image Credit: Coin Telegraph

Why is Ethereum (ETH) price down today?

  • Ether (ETH) price declined by over 5% in the last 24 hours to around $1,900 on March 28.
  • Several factors contributing to ETH price losses include Trump's tariff tensions, massive long liquidations in the crypto market, and bearish technicals.
  • Trump's 25% automotive tariffs have spooked ETH investors, potentially triggering a sell-off in cryptocurrencies and pushing prices lower.
  • Over $97 million worth of ETH positions were liquidated in the past 24 hours, accelerating the downtrend in ETH price.

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