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CoinGape
2022-06-13 07:00:17

Ethereum (ETH) Slumps Over 20%, Here’s Why $1150 Is The Next Low

Ethereum (ETH) Slumps Over 20%, Here’s Why $1150 Is The Next Low

Ethereum (ETH) price has fallen more than 20% in the last two days as a result of the stETH depeg with the ETH, delay in Ethereum Merge, and market-wide sell-off amid rising inflation. The price could further plunge below $1150 as the financial constraint pushes major stETH and ETH hodlers including Alameda Capital, Celsius Network, The post Ethereum (ETH) Slumps Over 20%, Here’s Why $1150 Is The Next Low appeared first on CoinGape.

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