Ethereum Price Today Plunges Toward $2,800 as Crypto Market Crashes and Fusaka Upgrade Approaches
Ethereum traded near $2,820 on December 1, 2025, down about 6% in 24 hours after a sharp overnight sell-off. The broader crypto market lost over 5%, with more than $600 million in leveraged positions liquidated. ETH is now over 40% below its August peak. The Fusaka network upgrade is set for December 3.