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Ether Falls Below $2,050 as Binance Spot Price Reaches $2,049

The 11:35 p.m. ET reading was $5 below the price 15 minutes earlier. Ether was down 0.29% over one hour.

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A faceted Ether token rests just below a steel threshold. / TokenPost.ai (mono)
A faceted Ether token rests just below a steel threshold. / TokenPost.ai (mono)

Ether (ETH), the second-largest crypto asset by market capitalization, fell below $2,050 to $2,049 at 11:35 p.m. ET Wednesday, Nov. 11 (04:35 UTC Thursday), on Binance’s spot market.

The Binance spot quote was $1 below $2,050. It was also $5 below the $2,054 reading from 15 minutes earlier, placing the two observations on opposite sides of the threshold. Ether’s price moved from $4 above $2,050 to $1 below it during that interval.

The separate one-hour comparison showed a 0.29% decline. That percentage describes a different window from the $5 drop between the $2,054 and $2,049 spot observations 15 minutes apart. Together, the figures give a dollar change over 15 minutes and a percentage change over one hour.

Ether is the second-largest crypto asset by market capitalization. The observation places the Binance spot quote at $2,049 at 11:35 p.m. ET (04:35 UTC), immediately below the $2,050 threshold. At that time, Ether was $1 under the named level.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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