How Low Could Ethereum Go If $3,500 Support Breaks?
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The post How Low Could Ethereum Go If $3,500 Support Breaks? appeared first on Coinpedia Fintech News The Ethereum price suffered a steep decline as panic gripped global markets, pulling ETH/USD from near $4,300 to a low of $3,510 before partially rebounding toward $3,830. The move came amid one of the largest single-day selloffs of 2025, fueled by nearly $19 billion in crypto liquidations. This scared market participants and institutions worldwide, even the most sturdiest Blackrock ETH ETF product “ETHA” saw $80.2 million outflow alongside the outflows by other AUM’s. Broader market sentiment turned sharply risk-off following renewed geopolitical tensions and macroeconomic uncertainty. The ETH price today mirrored the overall crypto downturn, with Bitcoin, Solana, and other large-cap tokens facing double-digit losses. Despite the steep drop, Ethereum managed to stabilize slightly above $3,800 as buyers stepped in at major technical support levels. Tariff Shock Triggers Sell-Off Across Markets The catalyst behind the decline stemmed from political headlines rather than blockchain fundamentals. Late Friday, President Donald Trump announced via Truth Social that the U.S. would impose a 100% tariff on Chinese imports starting November 1. He also hinted the move could come sooner, depending on China’s response. In addition, it was rumoured that Trump would not meet with Chinese President Xi Jinping during the upcoming APEC South Korea 2025 summit on Oct 29-31, but he denied this rumour personally, today in the media. A signal that trade tensions could have a chance to get better rather than intensify as Trump is already becoming more angrier. Trump confirms that he hasn’t cancelled his meeting with Xi, “But I don’t know that we’re going to have it, but I’m going to be there regardless, so I would assume we might have it.” pic.twitter.com/wtumDoDU3D — D. Scott @eclipsethis2003 (@eclipsethis2003) October 11, 2025 However, the…
Filed under: News - @ October 11, 2025 6:25 pm