3 Possible Reasons Why Ethereum (ETH) is Down 40% in 7 Days

The cryptocurrency market took a beating over the past week. The total capitalization is down below $1 trillion for the first time since January 2021, losing a staggering $300 billion in seven days alone.

One of the cryptocurrencies that performed particularly badly was ETH. It’s down 40% over the same period and is trading at around $1,000, having dipped below this level briefly.

ETHUSD_2022-06-18_14-49-38
Source: TradingView

Without any further ado, here are three possible reasons for ETH’s…


Source link

About bitcoin

Check Also

Finder’s Ethereum Price Predictions Report

Finder’s Ethereum Price Predictions Report

Ether (ETH) could break US$2,400 in 2023, before ending the year at $2,184 …

Leave a Reply

Your email address will not be published. Required fields are marked *