Ethereum falls below $2,300 as altcoins slide
CIE News ·
Based on reporting by The Defiant; not yet independently confirmed.
Ethereum dropped below $2,300 on October 24, 2026, marking a 14.73% decline over 28 days as major altcoins experienced broad drawdowns.
Ethereum (ETH) slid below the $2,300 support mark on October 24, 2026, dropping to $2,293.95 by 11:20 a.m. ET. The downturn pushed ETH's 28-day loss to 14.73%, trailing Bitcoin (BTC), which saw a 5.58% retreat over the same timeframe. According to The Defiant, ETH lagged Bitcoin by 9.15 percentage points across nearly identical four-week windows, while United States spot Ether ETFs recorded an outflow on October 22.
Data reported by cryptoticker.io showed ETH trading at $2,297.96 after declining 4.38% over 24 hours, compared to a 2.41% drop for BTC to $79,543. The ETH/BTC ratio slipped 2.03% to 0.02890 BTC. The broader market accompanied the slide, with Cardano (ADA) losing 6.31%, Dogecoin (DOGE) falling 5.86%, Chainlink (LINK) declining 5.77%, and Solana (SOL) down 5.09%.
Key facts
- ETH dropped below $2,300
- 14.73% 28-day ETH loss
- ETH/BTC ratio fell to 0.02890
- US Ether ETFs saw Oct. 22 outflows
Read the original at The Defiant