Ether dropped below $1,900 Friday evening, extending its decline from $2,000. Its losses over both one- and four-week periods exceeded bitcoin's.
CoinGecko quoted ether at $1,889.24 at 10:36 p.m. ET on Nov. 13, below the $2,003.33 level in The Defiant's Nov. 12 report. On Coinbase's $ETH-USD market, ether reached a low of $1,875 during the hour beginning at 9 p.m. ET on Nov. 13.
An earlier synchronized snapshot from CoinGecko at 10:30:01 p.m. ET showed ether at $1,904.24, down 15.2% over roughly a week. Bitcoin fell 11.4% over the same period. Over four weeks, ether also underperformed.
Ether's Losses Exceed Bitcoin's
| price change / period | Ether | Bitcoin |
|---|---|---|
| Approx. 7 days | -15.18% | -11.36% |
| Approx. 28 days | -21.28% | -17.25% |
These are endpoint returns calculated from CoinGecko's aggregated quotes, not uninterrupted declines or exchange trading lows. They do not establish the cause of the move.
ETF Withdrawals Reach Six Sessions
According to Farside Investors' tally, U.S. spot ether exchange-traded funds recorded net withdrawals for a sixth consecutive session on Nov. 12. Net outflows totaled $70.5 million that day, including $62 million from BlackRock's ETHA.
The streak started Nov. 5. The fund withdrawals coincided with ether's price weakness but do not, by themselves, explain the decline.
Friday's ETF figures were still incomplete. The Nov. 13 tally showed $2.3 million in net inflows among reported entries, but figures for both BlackRock funds were missing. That partial total did not yet establish whether the outflow streak had ended.
