Ethereum Drops Nearly 8% During Broad Crypto Market Retreat
Ethereum recorded a 7.7% weekly decline amid widespread selling across the cryptocurrency sector.
Ethereum fell 7.7% in the week leading up to October 15, 2026, as most tracked digital assets experienced steep losses, according to a market review by 24/7 Wall St.
The retreat coincided with broader market liquidations, with fellow large-cap asset Solana dropping 10.3% over the same stretch. In contrast, smaller and heavily discounted tokens such as Polkadot remained essentially flat at $1.09.
The report notes that forced selling and automated liquidations among leveraged traders placed significant downward pressure on major cryptocurrencies throughout the weekly downturn.
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