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) $ 103,703.79 2.23%

Ethereum (ETH) $ 3,343.26 0.84%

XRP (XRP) $ 3.16 4.81%

Tether (USDT) $ 0.999752 0.03%

Solana (SOL) $ 236.05 10.87%

BNB (BNB) $ 706.18 1.55%

Dogecoin (DOGE) $ 0.401124 3.86%

USDC (USDC) $ 1.00 0.00%

Cardano (ADA) $ 1.08 3.83%

Lido Staked Ether (STETH) $ 3,334.21 1.02%

TRON (TRX) $ 0.243591 0.19%

Avalanche (AVAX) $ 40.17 1.59%

Chainlink (LINK) $ 24.18 0.43%

Sui (SUI) $ 4.75 1.45%

Stellar (XLM) $ 0.464996 5.23%

Wrapped stETH (WSTETH) $ 3,966.50 0.97%

hedera-hashgraph

Hedera (HBAR) $ 0.357995 6.13%

Shiba Inu (SHIB) $ 0.000023 2.36%

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Wrapped Bitcoin (WBTC) $ 103,170.64 1.84%

the-open-network

Toncoin (TON) $ 5.40 1.67%

Polkadot (DOT) $ 7.15 3.11%

WETH (WETH) $ 3,335.87 1.06%

Litecoin (LTC) $ 127.28 8.23%

Bitcoin Cash (BCH) $ 472.32 1.64%

LEO Token (LEO) $ 9.77 0.27%

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Bitget Token (BGB) $ 7.05 1.48%

Pepe (PEPE) $ 0.000019 2.45%

Hyperliquid (HYPE) $ 22.58 3.37%

Wrapped eETH (WEETH) $ 3,520.46 1.19%

USDS (USDS) $ 1.00 0.40%

NEAR Protocol (NEAR) $ 5.49 1.80%

Ethena USDe (USDE) $ 1.00 0.28%

Aptos (APT) $ 9.35 1.98%

internet-computer

Internet Computer (ICP) $ 10.74 4.85%

Aave (AAVE) $ 318.33 0.74%

VeChain (VET) $ 0.052734 7.14%

Monero (XMR) $ 220.75 0.27%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.484219 1.73%

Ethereum Classic (ETC) $ 27.02 3.05%

Render (RENDER) $ 7.62 0.71%

crypto-com-chain

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Algorand (ALGO) $ 0.445969 8.08%

Bittensor (TAO) $ 457.10 0.10%

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Dai (DAI) $ 1.00 0.02%

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Artificial Superintelligence Alliance (FET) $ 1.35 1.35%

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