Ethereum Price Today Plunges Toward $2,800 as Crypto Market Crashes and Fusaka Upgrade Approaches
Ethereum’s price is under heavy pressure on December 1, 2025, trading around $2,820 after a sharp overnight sell‑off that shook the entire crypto market. Over the last 24 hours, ETH has dropped roughly 6%, with the broader crypto market losing more than 5% of its value and seeing over $600 million in leveraged positions liquidated. Cryptonews+1 At the same time, the network is days away from Fusaka, Ethereum’s next major upgrade, scheduled to go live on December 3, 2025, keeping long‑term sentiment far more optimistic than today’s price action might suggest. CoinDesk+2swissborg.com+2 Quick Snapshot: Ethereum Price on 1 December 2025