Ethereum price falls below $1.1K and data suggests the bottom is still a ways away
Cointelegraph
Published Jun 14, 2022 06:08PM ET
Updated Jun 15, 2022 03:00PM ET
Ether (ETH) price nosedived below $1,100 in the early hours of June 14 to prices not seen since January 2021. The downside move marks a 78% correction since the $4,870 all-time high on Nov. 10, 2021.
More importantly, Ether has underperformed Bitcoin (BTC) by 33% between May 10 and June 14, 2022, and the last time a similar event happened was mid-2021.
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Written By: Cointelegraph
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