Ethereum Tumbles Below $2,800 as ETF Outflows Exceed $155M

Ethereum's price has fallen below the critical $2,800 mark, driven by a significant return of outflows from U.S. spot Ethereum Exchange-Traded Funds (ETFs). This downturn, coupled with cautious trader sentiment and technical indicators signaling downside pressure, has led to an 8% drop in ETH's value over the past 24 hours.