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Jonbinh
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Ethereum (ETH) Ethereum Hits 5-Year Low – Why Ethereum (ETH), once the “bright gem” of the altcoin world, is under heavy pressure as its price falls to its lowest level since 2020. Weak network activity, a sharp decline in active addresses, and falling transaction fees – though offset by record-low token burns following the Dencun upgrade – have created significant inflationary pressure. With its value falling, the question is: Can the blockchain giant recover from its long slide, or is this just the beginning of a never-ending decline? Ethereum Falls Behind Bitcoin With Deeper Bearish Momentum Ethereum’s latest price drop marks a worrying divergence from Bitcoin. As ETH plunges to a five-year low, its downtrend is even stronger than BTC’s.
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