Ethereum faces tough path to $3.9K as sentiment and demand fizzle

November 8, 2025

Key takeaways: Ether (ETH) fell 11% over the past week, even after reaching the $3,400 mark on Saturday. The drop came alongside a 4% correction in the Nasdaq index, which erased gains from the previous two weeks. Traders are now debating whether ETH still has chances to reclaim the $3,900 level. Concerns about global economic growth surfaced after…

 

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