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Ethereum slides below $2,300 as losses deepen

Original: Ethereum slides below $2,300, posting a 28‑day loss of 14.7% Ethereum fell below $2,300 on Oct 24, marking a 28‑day drop

Ethereum fell below $2,300 on October 24, extending its decline over the past 28 days to 14.7%. The drop is steeper than Bitcoin's 5.6% loss over the same period, underlining ether's underperformance among major cryptocurrencies. US spot ether ETFs also recorded about $110 million in net outflows, adding to concerns about weakening investor demand for the asset.

Why now: Investors are reacting to Ethereum's sharp underperformance versus Bitcoin and continued ETF outflows.

EthereumBitcoinUS ether ETFs

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Evidence

• Ethereum slides below $2,300, posting a 28‑day loss of 14.7% Ethereum fell below $2,300 on Oct 24, marking a 28‑day drop of 14.7% and lagging Bitcoin’s 5.6% decline, while US ether ETFs saw $110 million net outflows. https:// newisty.com/blog/ethereum-slid… · newisty

API: https://socialmediatrends-api.osmike.com/v1/trends/3547498