Cryptocurrency News

3 reasons Ethereum price risks 25% downside in June

06/06/2022

Less than a minute

2022.06.06 00:21

3 reasons Ethereum price risks 25% downside in June

Ethereum’s native token Ether (ETH) has dropped more than half of its value in 2022 in dollar terms, while also losing value against Bitcoin (BTC) and now remains pinned below $2,000 for several reasons.

What’s more, ETH price could face even bigger losses in June due to another slew of factors, which will be discussed below.

06/06/2022

Less than a minute

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Bitcoin (BTC) $ 104,079.89 1.87%

Ethereum (ETH) $ 3,853.69 2.11%

XRP (XRP) $ 2.48 3.87%

Tether (USDT) $ 1.00 0.00%

BNB (BNB) $ 712.36 1.07%

Solana (SOL) $ 217.43 0.03%

Dogecoin (DOGE) $ 0.384549 3.18%

USDC (USDC) $ 0.999913 0.01%

Lido Staked Ether (STETH) $ 3,850.52 2.20%

Cardano (ADA) $ 1.02 3.90%

TRON (TRX) $ 0.272502 3.73%

Avalanche (AVAX) $ 46.39 4.56%

Chainlink (LINK) $ 27.03 1.99%

Wrapped stETH (WSTETH) $ 4,572.32 2.70%

Shiba Inu (SHIB) $ 0.000026 3.26%

the-open-network

Toncoin (TON) $ 5.72 3.09%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 103,795.81 2.13%

Sui (SUI) $ 4.56 3.21%

Stellar (XLM) $ 0.428595 1.85%

Polkadot (DOT) $ 8.19 4.40%

hedera-hashgraph

Hedera (HBAR) $ 0.294466 4.90%

WETH (WETH) $ 3,851.70 2.27%

Bitcoin Cash (BCH) $ 515.90 2.32%

Uniswap (UNI) $ 15.64 0.77%

Pepe (PEPE) $ 0.000021 5.80%

LEO Token (LEO) $ 9.67 1.84%

Litecoin (LTC) $ 116.55 1.14%

Hyperliquid (HYPE) $ 25.36 6.61%

NEAR Protocol (NEAR) $ 6.16 8.44%

Wrapped eETH (WEETH) $ 4,068.36 2.22%

Aptos (APT) $ 12.83 3.53%

Bitget Token (BGB) $ 4.34 14.97%

Ethena USDe (USDE) $ 1.00 0.12%

internet-computer

Internet Computer (ICP) $ 11.90 2.70%

Aave (AAVE) $ 369.04 1.46%

USDS (USDS) $ 0.999418 0.02%

crypto-com-chain

Cronos (CRO) $ 0.187588 4.10%

Ethereum Classic (ETC) $ 31.47 3.80%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.54962 4.87%

VeChain (VET) $ 0.054307 5.25%

Render (RENDER) $ 8.30 4.36%

Artificial Superintelligence Alliance (FET) $ 1.58 2.41%

Monero (XMR) $ 220.05 2.21%

Mantle (MNT) $ 1.18 2.29%

Arbitrum (ARB) $ 0.931541 3.23%

Bittensor (TAO) $ 523.42 0.26%

MANTRA (OM) $ 4.05 6.37%

Filecoin (FIL) $ 6.08 4.35%

WhiteBIT Coin (WBT) $ 25.00 0.91%

Kaspa (KAS) $ 0.13622 2.72%