Ethereum Price Rollercoaster: From Near-Record Highs to Tariff Shock – Is a $5K Rally Still Ahead?
Ethereum dropped below $4,100 on Oct. 10, 2025, after a 7% intraday plunge triggered by former President Trump’s 100% tariff threat on Chinese goods. The sell-off erased gains from earlier in the week, when ETH neared $4,753, close to its all-time high. Over $600 million in leveraged crypto positions were liquidated, including $235 million in Ether longs. Bitcoin fell about 3.5% the same day.