ETH Plunges Below 1,600 USDT, 24-Hour Drop Hits 10.39%

News Editor

2026-06-05 14:06:32

OKX data shows Ethereum fell beneath the 1,600 USDT round number, trading at 1,599.45 USDT with a 24-hour decline of 10.39%.

EthereumETHcryptocurrencyprice dropmarket flash

At 14:06 UTC on June 5, 2026, Odaily Planet Daily reported that Ethereum (ETH) had tumbled below the 1,600 USDT threshold on the OKX exchange. The live price stood at 1,599.45 USDT, marking a sharp 24-hour drop of 10.39%.

Ethereum, the second-largest cryptocurrency by market cap, often serves as a bellwether for broader digital asset sentiment. The breach of the 1,600 USDT psychological level underscores prevailing bearish momentum and amplifies intraday volatility. Odaily Planet Daily will continue monitoring developments and advises traders to manage risk accordingly.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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