Ethereum price faces added challenges from network changes and weak demand.
The cryptocurrency market is experiencing volatility as Bitcoin and Ethereum pulled back from their recent highs. BTC price stayed in the mid-$70,000 range after dropping to just under $73,000, while ETH was closer to $2,000 after a few days of selling pressure. This uncertainty came after months of strong gains, and many analysts are now concerned whether the rally is only a pause or the start of a deeper correction.
The decline shows growing caution across global markets. Investors are lowering their exposure to risk assets as uncertainty around US monetary policy and political events increases. This change in sentiment triggers profit-taking in cryptocurrencies, especially from short-term traders who benefited from the previous surge.
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