Ethereum risks another 60% drop after breaking below $1K to 18-month lows

by Aurelia Butler 18 June 2022, 20:20 129 Views

Ether reached $975, its lowest level since January 2021, losing 80% of its value from its record high in November 2021. The decline appeared amid concerns about the Federal Reserve’s 75 basis points rate hike, a move that pushed both cryptocurrencies and stocks into a strong bear market.

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Source: Cryptocurrency - investing.com

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Ethereum risks another 60% drop after breaking below $1K to 18-month lows

Children as young as 6 months eligible for Covid shots in U.S., vaccinations to begin Tuesday

Fed official supports 0.75 percentage point rate rise in July

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