Ethereum Plunges Below $1,800 Amid Market Volatility

The price of Ethereum (ETH) on August 3, 2026 is $1,844.64 per coin, down from yesterday's price of $1,865.93.

Over the past year, Ethereum's value has plummeted by approximately $1,650, a significant drop of about 47% compared to its price in August 2025 when it reached nearly $5,000.

This volatility is characteristic of Ethereum, which has seen massive gains and losses over the years. In fact, since its initial coin offering (ICO) in 2014 for just 31 cents per share, Ethereum's value has increased by more than 60,000%, although this growth was largely driven by a nearly 1.6 million percent increase from its original ICO to its peak in August 2025.