Ethereum price fell 45% in June

In June, the price of the second-largest cryptocurrency by market cap fell by 44.8%, and for the quarter by 67.3%, according to ForkLog’s report.

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In the same period, Bitcoin fell by 37.3%. For the worst quarter for crypto (April–June) — down 56%.

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Among mid-cap assets, positive dynamics were shown by Terra Classic (LUNC) and TerraClassicUSD (USTC), Stratis (STRAT), Chia (XCH), Trust Wallet Token (TWT), and Unus Sed Leo (LEO) from Bitfinex.

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The worst performers included Voyager Digital (VGX) and the hacker-hit Harmony (ONE) and Convex Finance (CVX). The Lido protocol’s digital asset — the issuer that lost the peg to ETH synthetic asset stETH.

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By the end of June, all top-20 DeFi tokens by market cap were in the red. The trend has persisted for the third month in a row.

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Against the backdrop, the native token of the leading non-custodial exchange Uniswap stands out somewhat. In June its price fell by only 5.26%. However, UNI’s price drop since the start of the year has surpassed 72%.

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At the time of writing, Bitcoin is trading around $19,450, Ethereum around $1,100. The total market capitalization stands at $916 billion.

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Sponsor of the “Bitcoin Industry in Numbers” column — the global blockchain ecosystem Binance.

As a reminder, Deutsche Bank forecasted Bitcoin’s return to $28,000 by the end of 2022.

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