- Ethereum price drops 4% to $2,193 on April 13, 2026.
- Market cap falls to $264.66 billion amid selling pressure.
- AI dApp tokens decline up to 5.8% tracking ETH.
Ethereum Price Drop Highlights
- Ethereum price drops 4% to $2,193 on April 13, 2026.
- Market cap falls to $264.66 billion under stock pressures.
- AI dApp tokens slide up to 5.8% with ETH.
Ethereum price dropped 4% to $2,193 on April 13, 2026, tracking a stock market sell-off. Bitwise CIO Matt Hougan warns of contagion to AI blockchain projects. Market cap hit $264.66B (CoinMarketCap). Trading volume jumped 25%, driven by AI algorithms.
Stock Sell-Off Triggers Ethereum Price Drop
Nasdaq Composite fell 2.1%. Nvidia dropped 3.2%. Ethereum mirrored the tech rout.
"Tech stock weakness hits crypto hardest," Hougan said. Ethereum powers most AI dApps. Prolonged pressure threatens AI tokens.
S&P 500 lost 1.4%. Investors dumped risk assets after Fed signals delayed rate cuts, boosting tech-finance volatility.
AI Blockchain Ties Raise Stakes
Ethereum hosts 60% of AI dApps (DappRadar). Fetch.ai (FET) and SingularityNET depend on ETH fees.
Fees fell 15% to 12 gwei (Glassnode). AI developers halted deployments.
"AI crypto shows vulnerability on ETH downside," analyst Michaël van de Poppe said. FET dropped 5.8%. Other AI projects followed.
Optimism L2 TVL declined 3.7% to $8.2B. ETH L2s for AI compute face liquidity crunch.
On-Chain Data Shows Selling Surge
Whales moved 45,000 ETH to exchanges. Inflows rose 18% (Glassnode). Pressure builds.
Realized price holds at $2,450. Breach signals capitulation. Funding rates turned negative at -0.01%.
Binance shorts rose 22%. Open interest fell 8% to $14.2B. Volatility hit 65%. Support eyes $2,100.
AI bots amplify Ethereum price drop in stressed markets.
Broader Crypto Tracks ETH Decline
Bitcoin held $62,400, down 1.8%. Solana shed 3.5%.
DeFi TVL dropped 2.9% to $112B (DefiLlama). AI yield protocols cut rates.
"Ethereum leads altcoin downside," Placeholder VC's Chris Burniske said. AI narratives falter in bears.
OpenSea NFT volume crashed 12%. AI art collections led losses.
Tech-Finance Links Fuel Volatility
AI stocks drive 40% of crypto-equity correlation (Bloomberg). Nvidia's drop dragged ETH.
Quants sold $1.2B tech positions. ETH spot ETFs saw $180M outflows.
SEC eyes derivatives. AI blockchain VC fell 28% to $2.1B in Q1 2026.
Ethereum sits at AI-finance crossroads.
Investor Outlook on Ethereum Price Drop
Traders weigh AI dApp growth vs. macro risks. ETH anchors decentralized AI compute.
Blend ETH with FET for tech-finance exposure.
Key Support Levels at Risk
ETH nears 50-day EMA at $2,180. Break targets $1,950. RSI at 28 signals oversold.
Rebound to $2,400 needs Dencun momentum and AI adoption. Fed speech April 15 shapes Ethereum price drop path.
