Ethereum Price Fell 2% In June But Has These 4 Bullish Signs Going Into July
The post Ethereum Price Fell 2% In June But Has These 4 Bullish Signs Going Into July appeared on BitcoinEthereumNews.com.
June was a lackluster month for crypto market gains amid global uncertainty looming over international tariff policy and the future direction of US central bank rates. US Stocks Outpaced Ethereum In June For the 30 day window ending Friday, Jun. 27, the S&P 500 Index gained +4.25%. The push overcame serious resistance from the tariff nail biters and took the broad US stock benchmark to a historic record close Friday. But after running from $76,200 on 4/8 to $111,600 on 5/22, a +46% gain in a little over a month, Bitcoin’s price took some time to cool down in June. The cryptocurrency charted minor gains, which could be seen as a positive in the face of massive international turmoils and geopolitical shocks. Meanwhile, Ethereum corrected by 24% before bouncing off the Jun. 22 support to finalize a 2% loss for the 30 days ending Friday, Jun. 30th. So does ETH have a problem that Bitcoin doesn’t? Not really. Ethereum is a smaller currency by market cap, about 14% of Bitcoin’s size. Traders still perceive it as a more speculative bet. So it tends to move in the same direction as BTC — by larger percentages. That means on the way down, losses are frequently greater. But on the way up, gains are often greater too. For example, during the crypto market’s rally from early April through early June, Bitcoin made a +46% gain. But during the same rally, Ethereum gained +100%, rising from the $1,400 handle to the $2,800 level. Bitcoin and Ethereum Rainbow Charts Double rainbow all the way across the sky? Bitcoin is by and large the biggest leading indicator for the rest of the crypto market’s prices, including Ethereum. It appears to have a long ways to go before topping out this year or next. Based on…
Filed under: News - @ July 6, 2025 7:26 am