Ethereum's Rollercoaster Day: Key Crypto News (Oct 11)
On October 11, 2025, Ethereum (ETH) experienced a rollercoaster day, with its value plunging by 13% to the $3,808 price level. This significant drop unfolded amid a massive $19 billion wave of liquidations that intensely shook the crypto world, highlighting severe downside pressure across the market. Despite this widespread turmoil and uncertainty, market analysts are closely observing the token's performance and pointing toward a potential short-term price rebound. This expectation of recovery suggests underlying resilience in the asset's fundamental structure and network activity.