Ethereum's Ether has lost 10% of its value in the last seven days, making it the second worst performer among the top 10, behind Dogecoin. The bearish performance saw Ether drop below $3k, with technical indicators suggesting further bearish movements in the near term.
Ethereum price drops below $3,000 as funding rates turn negative
AI IMPORTANCE: 3/10
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AI INSIGHT
Ethereum's Ether falls below $3,000, down 10% over the past seven days. Ether perpetual futures funding rates turn negative. Ether is the second-worst performer among the top-10 cryptocurrencies over the past week, trailing only Dogecoin.
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