According to PANews, Ethereum, a leading cryptocurrency, recently experienced a short-term drop below $2900. However, it has since rebounded and is currently valued at $3005.52. This represents a 6.7% decrease in value over the past 24 hours. Despite this temporary setback, Ethereum continues to be a significant player in the cryptocurrency market. The recent fluctuation in Ethereum's value is a common occurrence in the volatile cryptocurrency market. Investors and market watchers are keeping a close eye on these developments as they navigate the ever-changing landscape of digital currencies.