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3 reasons Ethereum price risks 25% downside in June -Breaking


There are 3 reasons Ethereum prices could be 25% lower in June

Ethereum’s native token Ether (ETHThe value of () dropped by more than half in dollars in 2022, and has also lost value against ().BTCThe price of the aforementioned items is still below $2,000 There are many reasons..

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

Source: CoinShares/Bloomberg. Source: CoinShares/Bloomberg
Ethereum TVL, June 5. Source: DeFi Llama
The daily price chart shows the ‘descending triangular’ format. TradingView
Reserves of Ethereum. Source: CryptoQuant