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2 Reasons Why Ethereum Could Reclaim Record Highs Above $2,000 ethereum tanked wildly in the running weekly session, shedding up to 30 percent of its valuation in just two days of trading amid a broader cryptocurrency market correction. the plunge in the second-largest crypto brought its prices down to a multi-week low of $1,356, prompting bears to envision further declines after the asset’s 176 percent price boom this year—and a 2,168 percent parabolic rise since march 2020.

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