Ether slips below $2,300 as 28-day loss hits 14.7% and ETF outflows persist
AI summary
Ether dropped below $2,300, with its 28-day loss reaching 14.7%. Over matched nearly four-week windows, ETH underperformed bitcoin by 9.15 percentage points, and US ether ETFs saw another outflow on Oct. 22. The persistent ETF outflows and ETH's widening underperformance versus BTC signal weak demand that traders may read as continued downside risk for the second-largest crypto.
