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Ethereum Plummets 35% Amid $19 Billion Liquidation Fears

11/21/2025

32 4 Full Breakdown

Summary

Story summary

Ethereum has fallen about 35% from around $4,700 in early October to roughly $3,000.
The decline followed a $19 billion liquidation, with the Crypto Fear & Greed Index at 10.
Analysts foresee a further drop of up to 60%, with support near $2,700–$3,000.
Layer 2 networks added to volatility and raised concerns about Ethereum's long-term value and fee structure.

History

Historical Context

The 2018 cryptocurrency crash saw Ethereum's price plummet from around $1,400 to approximately $80, reflecting a broader market decline where total cryptocurrency capitalization fell from $800 billion to $100 billion. This followed a rapid rise in 2017, highlighting the volatility in the sector. Today's 35% decline raises concerns about Ethereum's fee structure and Layer 2 networks, potentially reshaping investor confidence.

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Story summary

Ethereum has fallen about 35% from around $4,700 in early October to roughly $3,000.
The decline followed a $19 billion liquidation, with the Crypto Fear & Greed Index at 10.
Analysts foresee a further drop of up to 60%, with support near $2,700–$3,000.
Layer 2 networks added to volatility and raised concerns about Ethereum's long-term value and fee structure.

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