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Ethereum

Ether falls 13% in 30 days as ETF outflows hit $1.08 billion in October

Image: CoinTurk News

Ether has seen a significant decline over the past month, dropping roughly 13% over 30 days compared to Bitcoin ’s 4.7% decrease during the same period. The ETH price briefly fell below $2,300 on October 24 before recovering modestly to $2,342.08 by the end of the day. During this stretch, Ether reached a 30-day low of $2,286.76. Bitcoin, the world’s largest cryptocurrency, traded at $80,537 on October 24, reflecting a smaller 4.71% monthly drop. At the start of the period, Ether opened near $2,684 while Bitcoin was just below $84,249. The ratio of Ether’s price to Bitcoin (ETH/BTC) slipped to 0.0291, down from 0.0319 at the beginning of the month. Over seven days, Ether fell 3.33% and Bitcoin shed 1.48%.

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