Ethereum drops below $3k as liquidations hit $320 million

Ethereum price has dropped below $3,000, hitting lows of $2,942 on Coinbase.
The decline in the price of Ethereum comes as spot ETH ETFs saw a tepid debut in Hong Kong.
Liquidations hit $320 across the crypto market, with over $96 million in ETH (over $78 million of it in liquidated longs).Ethereum has declined to below $3,000 again as the broader crypto market reels from downside pressure.
As Bitcoin retested prices near $60,000 on Tuesday, ETH price moved lower and broke under the psychologic