Ethereum Falls 17% in a Month, Nearly Triple Bitcoin's Drop; Glamsterdam Upgrade Next

Ether Lags Bitcoin

Ethereum traded near $2,250-2,300 on 3 November 2026 after falling 16.9% over the past month, almost three times Bitcoin's decline.

Why ETH is weaker

• Hack outflows: Ethereum was the largest asset withdrawn from Binance after the hack.
• Lower activity: ETH trading volume has been a fraction of Bitcoin's in recent sessions.
• Risk-off mood: in sell-offs, investors tend to retreat to Bitcoin first.

What's next: Glamsterdam

The Glamsterdam hard fork is Ethereum's next major upgrade, targeted for Q4 2026. Upgrades can be a catalyst, but timelines often slip.

Trading idea to study

The ETH/BTC ratio shows whether Ether is gaining or losing ground against Bitcoin. Many traders watch it before choosing which coin to trade.

Educational content, not investment advice.