# Ethereum’s TVL dominance drops to 55% as Bloomberg analyst paints $1.7K bearish target
” Ethereum’s TVL dominance drops to 55% as Bloomberg analyst paints $1.7K bearish target “ Another big drop in the U.S. stock market could leave Ethereum’s native token Ether (ETH) in a similar downside spell, according to the latest Bloomberg report on digital assets. Ethereum faces global recession risks Mike McGlone, the senior commodity strategist…