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Ethereum Price Below $2,300: Is $2,000 Next or Is This the Bottom?

Picture: CryptoTicker

$Ethereum is trading around $2,250 today, down about 2% in 24 hours and roughly 12% below where it stood before the Binance hack. It has now lost the $2,300 level that held through most of October. Live prices are on our crypto prices page.ETH/USD chartThe question every $ETH holder is typing into Google right now: does it stop here, or is $2,000 the next stop?Why Is Ethereum Price Falling?Three things are hitting ETH harder than Bitcoin this week:DeFi outflows: roughly 1.39 million ETH, worth about $3.2 billion, has been pulled from DeFi protocols in a week.

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