Ethereum Falls Below $1,900, Down 3.27% in 24 Hours

News Editor

2026-06-02 18:00:50

According to Gate market data, ETH/USDT is at $1,897.49, down 3.27% in 24 hours, falling below the $1,900 mark.

EthereumETHmarketcryptocurrencyprice

As of 18:00 UTC on June 2, 2026, according to ChainCatcher and data from Gate, the ETH/USDT trading pair is reported at $1,897.49, with a 24-hour decline of 3.27%. This translates to a drop of approximately $64 per ETH over the past 24 hours, with the price breaking below the psychological $1,900 level. Gate is a leading global digital asset exchange offering major trading pairs like ETH/USDT.

At the time of writing, Ethereum's price remains around $1,897. Ethereum, the second-largest cryptocurrency by market capitalization and a prominent smart contract platform, uses its native token ETH for network gas fees and powers a wide range of decentralized finance (DeFi), NFTs, and other decentralized applications.

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

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