Ethereum Crashes to Nine-Month Low at $2,800 as $500B Crypto Market Selloff Intensifies
The post Ethereum Crashes to Nine-Month Low at $2,800 as $500B Crypto Market Selloff Intensifies appeared on BitcoinEthereumNews.com.
Ted Hisokawa
Nov 22, 2025 02:18
ETH price plunged to $2,761.32 amid a brutal crypto market selloff that erased over $500 billion in value, driven by escalating U.S.-China trade tensions and aggressive Fed policy shifts.
Quick Take • ETH trading at $2,761.32 (down 2.7% in 24h) • Massive crypto market selloff erased $500 billion in value this week • ETH testing critical support near $2,623 Bollinger Band lower boundary • Risk-off sentiment spreading from traditional markets into crypto Market Events Driving Ethereum Price Movement The dominant force behind Ethereum’s sharp decline has been the unprecedented cryptocurrency market selloff that began on November 21, 2025. ETH price crashed to $2,800 during this liquidation event, marking its lowest point in nine months as over $500 billion in total crypto market value was erased within days. This massive downturn stems from escalating U.S.-China trade tensions combined with aggressive Federal Reserve rate cuts that have dampened risk appetite across all financial markets. The selloff demonstrates how deeply interconnected crypto markets have become with traditional finance, as institutional investors fled risk assets en masse. Adding fuel to the fire, U.S. stock markets have experienced four consecutive days of losses, with particular weakness in the tech sector ahead of critical earnings reports. The S&P 500’s decline and surge in the VIX volatility index to one-month highs have created a contagion effect that’s pulling down risk assets including Ethereum. On a more positive note, 21Shares launched two new U.S. crypto index ETFs on November 13, including exposure to Ethereum alongside Solana and Dogecoin. However, this institutional adoption milestone has been completely overshadowed by the broader market turmoil. ETH Technical Analysis: Oversold but Vulnerable Price Action Context Ethereum technical analysis reveals a deeply oversold market with ETH price trading significantly…
Filed under: News - @ November 22, 2025 11:21 pm