Ethereum: Despite breakdown below $3k, why ETH still holds upward potential

Ethereum price shattered in the previous days after crossing the holy $3500 barrier in early April. In the past 36 hours, the ETH prices have fallen below $3000 after anticipations of the FOMC got through.

The crypto ecosystem had been worried about the Federal Chair meet on Thursday which did not end well. To arrest inflation, the Fed has been under pressure to raise interest rates after resisting it throughout 2021.

On Thursday, Federal Reserve Chair Jerome Powell statement raised alarm…


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