Ethereum's price has taken a hit, following Bitcoin's market downturn. The US economic outlook and increased regulatory scrutiny have contributed to the decline. As Ethereum attempts to defend its $2,500 level, market experts are weighing in on the implications. While some predict a further drop, others believe this could be an opportunity for investors to enter the market. The cryptocurrency's fundamentals will need to strengthen to support its value.
Source: https://www.newsbtc.com/analysis/eth/ethereum-price-weakens-2500/