Ethereum’s sharp drop tests $2,700 support in market rout

cryptonews

11/21

Ethereum falls below $2,700 as cryptocurrency market decline continues. Summary Ethereum, Bitcoin, and other tokens declined to multi-month lows, triggering liquidations of leveraged positions. ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEthereum’s sharp drop tests $2,700 support in market rout\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">cryptonews</strong><span class=\"h-time small\">2025-11-21 19:43</span>\n</p>\n</h4>\n</header>\n<article>\n<div>\n<p>Ethereum falls below $2,700 as cryptocurrency market decline continues.\n\n\nSummary\n\n\n\nEthereum, Bitcoin, and other tokens declined to multi-month lows, triggering liquidations of leveraged positions.\n...</p>\n\n<a href=\"https://crypto.news/ethereums-sharp-drop-tests-2700-support-in-market-rout/\">網頁鏈接</a>\n\n</div>\n\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://crypto.news/ethereums-sharp-drop-tests-2700-support-in-market-rout/\">cryptonews</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ETHV","symbol_name":"以太坊ETF-VanEck","start_time":0,"source_url":"https://crypto.news/ethereums-sharp-drop-tests-2700-support-in-market-rout/","article_id":"2585117732","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/ethereums-sharp-drop-tests-2700-support-in-market-rout/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2585117732","pubTimestamp":1763725429,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Ethereum falls below $2,700 as cryptocurrency market decline continues.Ethereum, Bitcoin, and other tokens declined to multi-month lows, triggering liquidations of leveraged positions.Spot Bitcoin and Ethereum ETFs saw consecutive net outflows, while some other networks attracted inflows.Bitmine bought more Ethereum during the decline, but treasury firms now face substantial unrealized losses.Ethereum dropped below $2,700 on Friday as the cryptocurrency market experienced its most significant downturn since October, with the digital asset falling to levels last seen in July, according to market data.Bitcoin also declined to multi-month lows on Nov. 21, 2025, as selling pressure increased across the cryptocurrency sector. The market decline triggered widespread liquidations of leveraged positions in Ethereum and other digital tokens, according to market analysts.Ethereum continues to shed as ETF outflows pile on. Crypto research firm 10x Research reported that treasury companies holding","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"83042":"华夏比特币-R","ETHV":"以太坊ETF-VanEck","BK4585":"ETF&股票定投概念","03042":"华夏比特币ETF","BK1611":"加密货币现货ETF","09009":"博时以太币-U","ETH":"低成本以太坊ETF-Grayscale","BTC.AU":"Btc Health Ltd","03046":"华夏以太币","CETH":"以太坊ETF-21Shares","09439":"嘉实比特币-U","03008":"博时比特币","09179":"嘉实以太币-U","03009":"博时以太币","BK4588":"碎股","BTC":"Grayscale Bitcoin Mini Trust","09042":"华夏比特币-U","BK4594":"比特币ETF概念","BK4601":"加密货币现货ETF","QETH":"以太坊ETF-Invesco Galaxy","09046":"华夏以太币-U","03179":"嘉实以太币","03439":"嘉实比特币","FETH":"以太币ETF-Fidelity","EZET":"以太坊ETF-Franklin"},"translate_title":"以太币大幅下跌在市场暴跌中测试2,700美元支撑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"83042":0.6,"09009":1.5,"09179":1.5,"ETH":1,"ETHV":1.5,"QETH":1.5,"EZET":1.5,"09439":0.9,"03042":0.9,"03008":0.9,"METHmain":1.5,"09042":0.9,"03439":0.9,"BTC.AU":1,"BTC":1,"03179":0.9,"03009":0.9,"03046":0.9,"09046":1.5,"FETH":1.5,"CETH":1.5},"content_text":"Ethereum falls below $2,700 as cryptocurrency market decline continues.\n\n\nSummary\n\n\n\nEthereum, Bitcoin, and other tokens declined to multi-month lows, triggering liquidations of leveraged positions.\nSpot Bitcoin and Ethereum ETFs saw consecutive net outflows, while some other networks attracted inflows.\nBitmine bought more Ethereum during the decline, but treasury firms now face substantial unrealized losses.\n\n\n\nEthereum dropped below $2,700 on Friday as the cryptocurrency market experienced its most significant downturn since October, with the digital asset falling to levels last seen in July, according to market data.\nBitcoin also declined to multi-month lows on Nov. 21, 2025, as selling pressure increased across the cryptocurrency sector. The market decline triggered widespread liquidations of leveraged positions in Ethereum and other digital tokens, according to market analysts.\nEthereum continues to shed as ETF outflows pile on\nCryptocurrency investment products recorded consecutive net outflows for both spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds during the period, while spot ETFs for other networks saw inflows, according to industry data.\nMarket analysts stated that the loss of key support levels increased the likelihood of further declines if buying activity does not resume. The analysts noted that failure to recover to prior support levels could lead to additional price decreases.\nNasdaq-listed Bitmine, a company that holds Ethereum in its treasury, announced it purchased additional Ethereum on Nov. 20, increasing its total holdings despite the price decline. The company did not disclose the specific amount of the purchase.\nCrypto research firm 10x Research reported that treasury companies holding digital assets face substantial unrealized losses following the market correction. The firm stated such losses could present challenges for these companies in attracting new retail investors while existing shareholders experience significant paper losses.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}