The Ethereum (ETH) price today stands at $3,300 after Bitcoin's (BTC) weekend crash affected many altcoins. Despite earlier declines, Ethereum's price demonstrated resilience by hitting a daily high, signaling a potential recovery.
Bitcoin's continued drop on Monday put further pressure on Ethereum, highlighting its interdependence with BTC's market performance. This situation emphasizes the volatility and interconnectedness of major cryptocurrencies as they react to each other's movements.
Investors are closely watching these developments to assess potential changes in market dynamics and future price movements of major cryptocurrencies like Ethereum and Bitcoin.
