Ethereum is down today. ETH fell 2.7% in 24 hours to $2,678 as of 13:32 UTC on Saturday, October 3, 2026. Bitcoin was -2.1% at $84,799 and the total crypto market -4.8%, so ETH did better than the market. 9 of the 41 largest coins were higher.
Why is Ethereum down today? What the numbers show
- Versus the market. ETH outperformed the market by 2.2 percentage points (-2.7% versus -4.8% for all of crypto), so part of the move is market-wide and part is specific to Ethereum.
- Versus Bitcoin. ETH trailed Bitcoin by 0.6 percentage points over 24 hours, and ranked 23rd of 41 large coins by 24-hour change. Bitcoin dominance is 58.7% and Ether dominance 11.3%.
- Trading activity. 24-hour trading volume was $12.3 billion, equal to 3.8% of ETH’s $327.0 billion market value, down 25.4% on the previous day. A price move on falling volume suggests fewer participants behind it.
- 24-hour range. ETH traded between $2,660 (20:50 UTC, Oct 2) and $2,762 (13:35 UTC, Oct 2), a 3.9% 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 -0.2% and over 30 days +10.3%. The 30-day range is $2,388 to $2,762. ETH is 45.8% below its all-time high of $4,946.
- Sentiment. The Crypto Fear & Greed Index reads 67 (Greed), down from 72 a day earlier.
- Network demand. The average Ethereum gas price is 0.08 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
| Asset | Price | 24 hours | 7 days |
|---|---|---|---|
| Ethereum (ETH) | $2,678 | -2.7% | -0.2% |
| Bitcoin (BTC) | $84,799 | -2.1% | +0.9% |
| Total crypto market | $2.90 trillion | -4.8% | — |
The Ethereum stories behind today’s move
What CryptoNewsInsights reported in the past 48 hours:
Also readEthereum Price Today: ETH Steady at $2,686 as Market Falls 3.6%
- Ethereum Tests $2,800 Again as Whale Transactions Surge — Ethereum keeps failing at $2,800 while whale transactions surge and exchange supply falls, as Coinpedia reports on-chain signals pointing to accumulation.
- Zcash Rally Pauses as Ethereum Nears $2,800 Breakout Test — Zcash's 289% rally is flashing overbought signals while Ethereum tests $2,800, Hyperliquid nears $100 and Stellar stalls below $0.24.
The live ETH price, chart and converter are on our Ethereum price page, every daily report is collected on Ethereum Today, and the previous report is Why Is Ethereum Up Today? ETH Rises 2.3% to $2,749. 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 13:32 UTC on Saturday, October 3, 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.
Also readEthereum Price Today: ETH Steady at $2,687 as Market Falls 4.1%
Every day: all Ethereum daily reports are collected on Ethereum Today: Price, Why It’s Moving and the Latest News.
