Ethereum Price Remains Stagnant Under $2,000 Amid Market Volatility

Ethereum's price has been struggling to break through the $2,000 mark as market dynamics shift in favor of sellers.

According to recent data, U.S.-listed Ethereum ETFs experienced $92.5 million in net withdrawals on March 26, contributing to a broader trend of outflows in cryptocurrency exchange-traded products.

The same day witnessed a significant $14.16 billion Bitcoin options expiration, introducing volatility into the market and putting pressure on digital assets.

Macroeconomic and geopolitical developments have also weighed on Ethereum's price, with escalating crude oil valuations intensifying inflation anxieties.