ETHE is trading at $16.95, down 4.93%, as Ether fell to a more-than-two-month low amid investor concerns that a Democratic-controlled Congress could tighten crypto regulation.

  • Sentiment was further pressured by the reported $6.3 billion Binance heist and heavy crypto-market liquidations.
  • Forced closures of leveraged Ether positions amplified the decline, which was in crypto assets despite gains in broader U.S. equity indices.