Ethereum Drops Below $3K Amid Japan Rate Hike Expectations: How Low Can ETH Price Go? – 01 December 2025
Ether’s (ETH) price has plunged below $3,000, erasing last week’s gains and heightening fears of a deeper correction.

Ether’s (ETH) price has plunged below $3,000, erasing last week’s gains and heightening fears of a deeper correction.
EUR/USD moves higher at the start of the week and trades around 1.1635 at the time of writing, its highest level in two weeks.
USD/CHF remains in consolidation as resistance near 0.81 holds firm, with technical support at 0.80 keeping the pair stable while traders await a breakout.
The British pound is at a critical juncture near 1.32, where a decisive move above or below key technical levels could define the next major trend amid uncertain Fed and BoE rate paths.
USD/MXN reversed early gains on Friday, and a breakdown below 18.20 could trigger a move toward 18.00 as traders favor peso strength amid diverging rate expectations.
The US dollar weakened against the Canadian dollar on Friday as shifting Fed rate expectations drove volatility around the 1.40 level, though broader fundamentals still limit downside.