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Tahmid Habib
@tahadh
Ethereum (ETH) is currently trading at approximately $2,487, reflecting a significant downturn of about 23% this month. This decline is partly attributed to a major security breach, where $1.5 billion worth of Ether was stolen from the Bybit exchange. citeturn0news21 Despite the recent downturn, the Ethereum community remains active and optimistic. Events like ETHDenver are fostering innovation and collaboration within the ecosystem. citeturn0news20 Analysts suggest that if Ethereum surpasses the $2,800 resistance level, it could potentially rally towards $3,500. citeturn0search13 Investors are advised to stay informed and exercise caution, as the cryptocurrency market remains highly volatile.
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