Ethereum Price Facing Harsh Reality Amid Slump As Competition Rises

Ethereum’s price downturn has rattled investors as the token plunged 52% from its December high of $4,105 to below $1,870 on March 31. The steep decline makes it one of the worst-performing blue-chip cryptocurrencies, trailing behind rivals gaining market share. Standard Chartered analysts downgraded their Ethereum price forecast by 60%, slashing their estimate from $10,000 to $4,000 source: https://www.thecoinrepublic.com/2025/03/31/ethereum-price-facing-harsh-reality-amid-slump-as-competition-rises/