🚀 Buckle up, crypto fans! Ether (ETH) just took a nosedive below $3,200, dropping 8% in 24 hours. The culprit? Massive outflows from newly launched ETH ETFs. 😅
But hey, it's not all doom and gloom! Bitcoin (BTC) also dipped 4%, yet its trading volume soared by 9%. Talk about mixed signals! 📈
ETH's price drop is part of a broader market slump, with total crypto market cap down 4% to $2.32 trillion. Despite the turbulence, ETH's 24-hour trading volume remains strong at $22.2 billion.
Feeling bullish or bearish? Drop your thoughts in the comments! 💬 #CryptoNews #ETH #BTC