# ETH Drops to 2-Year Lows Amid Crypto Selloff

*Author: Bankless*
*Published: Apr 7, 2025*
*Source: https://www.bankless.com/read/eth-drops-to-2-year-lows-amid-crypto-selloff*

---

Ethereum dropped to $1,415 according to CMC, its lowest in two years, amid a broader crypto market selloff that erased billions and triggered liquidations.

## **What’s the Scoop?**
- **Market Downturn**: Ethereum's price plummeted to $1,415, marking its lowest level in two years after a widespread crypto selloff.
- **Technical Breakdown**: ETH lost critical support levels at $1,829 and $1,550, trading below both the 50 and 200 moving averages.
- **Liquidations Spike**: CoinGlass data shows a 15% drop in Ethereum open interest, with $486M in liquidations over the past day.
---

*This article is brought to you by [MetaMask](https://www.bankless.com/sponsor/metamask-1776260643?ref=read/eth-drops-to-2-year-lows-amid-crypto-selloff)*