ETH prices fell to less than $ 1,800 in the price amid the Testnet attack

The market value of Crypto has started to its lowest point since early November, when $ 240 billion has been eliminated during the past day.

This has led to a decrease of 6 % to $ 2.6 trillion, as all election gains are now erased after the United States.

Ethereum took the fall of autumn, as it lost 16 % over 12 hours, as it decreased from about $ 2,140 to less than 1800 dollars. Moreover, ETH is struggling to recover and was trading at $ 1860 at the time of writing this report.

death?

The last time Ethereum was traded to less than $ 1,800 in October 2023, when it slowly appeared from the two -year bear market.

There is strong support at the current levels, which must be held to prevent the original from returning the tanks to its lowest levels in the market after forming what appears to be a double plan.

Analysts they have to caution If the support is lost here, the ETH may decrease to $ 1,200.

ETHEREUM has currently decreased by 62 % of its highest level ever in 2021, and the ETH/BTC-a measure of the ETH price in terms of Satoshis-at its lowest level since December 2020, after it decreased to 0.023 today, today, According to To TradingView.

Only Dogecoin (Doge) had heavier losses from ETHEREUM at the top twenty encryptions today, with a 11 % mellow meter.

He is pleading with the issue of who will sell ETH for $ 2000 and it seems that the answer is the whales that try to avoid liquidation, According to To look.

It goes without saying that Ethereum and Fud mockery had escalated into new horizons on Twitter Crypto while traders and investors wiped their wounds.

Attacked

Anxiety of ETH has been exacerbated by the Pectra test problems and an unknown attacker sending zero transfers, causing empty blocks.

On March 9, Ethereum developer Marius van der is found He said The case has been repaired:

“We suspected that the attacker was reading some of our chats, so we decided not to publish the reform, but only updating some of the contract that we analyzed in order to obtain more full blocs on the network,”