Ethereum drops below €2,000: will the $2,000 support hold?

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Ether lost around 4.5 percent within an hour on Sunday evening and traded at roughly €1,904 late in the evening. We show when the sell-off hit, which price levels now matter and what leverage, the holding period and custody mean for investors in Germany.Add as a preferred source on GoogleFollow on Google NewsEthereum fell below €2,000 on Sunday evening. Late on Sunday, Ether traded at $2,121 or €1,904 according to CoinGecko, down 5.1 percent over 24 hours. Most of that came in a single hour: in the 60 minutes before this reading alone, the price dropped 4.5 percent. On the European exchange Bitstamp, the ETH/USD pair slid as low as $2,070, and as low as €1,858 in euro terms. That left Ether clearly weaker than Bitcoin on Sunday, which lost around 2.0 percent to $74,226 over the same period. XRP, down 4.5 percent, and Solana, down 3.9 percent, also fell, so the sell-off hit the whole market, but Ether hardest among the large coins. For the longer-term view, see our Ethereum price...