Ethereum price once again faces strong selling pressure crashing under $2,000 earlier today, and opening the gates for another 75% drop to $1,250 levels. Over the last week, ETH has lost more than 16%, thereby extending its year-to-date losses to more than 37%, suggesting a strong bearish sentiment for the altcoin. On the other hand, the Ethereum ETF outflows have also surged last week, suggesting dropping institutional interest.
