06/15 Market overview: ETH breaks $1,700 support on 5.5% fall
On the afternoon of June 14th Eastern time, Fed Chairman Jerome Powell announced a to pause interest rate hikes, however this caused a drop in the market. Based on CoinGecko, ETH fell 5.5% in 24h to a low of $1641.17, a 7-day decline of 10.1%, with the current price at $1647.75. BTC fell 3.5% to a low of $24,879.56 instead, a 7-day decline of 4.9%, with the current price at $25,072.22. Tokenlon supports a max per trade volume of 888 ETH, and $5 million for WBTC.
Friendly reminder from Tokenlon to pay attention to risk management amidst the market fluctuations. You can use Tokenlon Instant Swap to respond to market changes quickly, and use Tokenlon Limit Orders to place trades in advance and avoid missing the next wave of market movements.
Note
Digital assets are highly volatile and unpredictable, do your research before trading.
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