Ethereum (ETH)

Ethereum (ETH) suffered the steepest weekly drop among major assets, falling 6% to $2,253—2.2 percentage points more than #1 Bitcoin. This 4.7% wider decline than the average top-5 crypto underscores fading enthusiasm for DeFi and NFTs, as daily gas fees plunged 14% to 18 gwei. At $270 billion market cap, ETH remains second-largest but faces increasing pressure.