Ethereum Today: Price, Why It’s Moving and the Latest News

Ethereum is down today. ETH fell 4.9% in 24 hours to $2,123 as of 14:07 UTC on Monday, November 9, 2026. Bitcoin was -1.5% at $74,658 and the total crypto market -4.6%, so ETH moved in line with the market. 10 of the 41 largest coins were higher.

Why is Ethereum down today? What the numbers show

• Versus the market. ETH moved almost exactly with the whole market (-4.9% versus -4.6%), so today's change is a market-wide move rather than something specific to Ethereum.
• Versus Bitcoin. ETH trailed Bitcoin by 3.4 percentage points over 24 hours, and ranked 38th of 41 large coins by 24-hour change. Bitcoin dominance is 59.6% and Ether dominance 10.3%.
• Trading activity. 24-hour trading volume was $15.1 billion, equal to 5.8% of ETH's $259.5 billion market value.
• 24-hour range. ETH traded between $2,092 (08:00 UTC) and $2,240 (16:05 UTC, Nov 8), a 7.1% swing. The low came after the high. The current price sits near the bottom of that range.
• The bigger picture. Over 7 days ETH is -6.9% and over 30 days -14.3%. The 30-day range is $2,217 to $2,564, and today's price is at the bottom of it. ETH is 57.1% below its all-time high of $4,946.
• Sentiment. The Crypto Fear & Greed Index reads 29 (Fear), up from 28 a day earlier.
• Network demand. The average Ethereum gas price is 0.17 gwei. Gas below 2 gwei points to quiet on-chain activity, with most transactions happening on layer 2s.

Ethereum, Bitcoin and the market at a glance

The Ethereum stories behind today's move

What CryptoNewsInsights reported in the past 48 hours:

• Buterin: ETH Should Be a Store of Value, Not a Fee-Burning Token — Vitalik Buterin said ETH should be valued as a store of value, not a fee-burning token, backing EIP-1559 while warning that aggressive fee capture would hurt...
• Moscow Exchange to List Bitcoin, Ether and USDT on Dec. 1 — Moscow Exchange will start bitcoin, ether and USDT trading on Dec. 1, with retail buyers tested and capped at 300,000 rubles a year.

The live ETH price, chart and converter are on our Ethereum price page. For the rest of the market, see our Markets page and the Ethereum news desk.

How this report is made

CryptoNewsInsights calculates every figure in this report from CoinGecko market data recorded at 14:07 UTC on Monday, November 9, 2026, with the gas price read from a public Ethereum node. Stablecoins and wrapped or staked versions of other coins are left out of the rankings. Changes are over the previous 24 hours unless stated. The report describes what the price did and which measurable factors moved with it; it does not claim a single cause and does not predict prices. It is not financial advice.