Economy Bloomberg 1h ago

Ether Tumbles to Eight-Month Low While Crypto Rout Deepens

Market Intelligence Analysis

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Why This Matters

Ether has reached an eight-month low, with a 10% drop to $1,911, as a prolonged crypto market downturn continues to intensify.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Ether, the second-largest digital token, slid as as much as 10% on Thursday to $1,911, hitting its lowest intraday price since May as a months-long rout in cryptocurrencies prices deepens.

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Original article published by Bloomberg on February 5, 2026.
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