{"id":492980,"date":"2022-06-14T05:52:45","date_gmt":"2022-06-14T05:52:45","guid":{"rendered":"https:\/\/ktsl888.com\/?p=492980"},"modified":"2022-06-14T05:58:33","modified_gmt":"2022-06-14T05:58:33","slug":"ethereum-drops-below-950","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-drops-below-950\/","title":{"rendered":"Ethereum Drops Below $950 On Uniswap Overnight – Here’s Why"},"content":{"rendered":"

Ethereum Key Takeaways:<\/p>\n

– ETH prices have plummeted below $1300<\/strong>
\n– Selling pressure intensifies, which triggers\u00a0the decline.<\/strong>
\n– Dire price forecasts for ETH<\/strong><\/p>\n

Having lost about 20 percent of its value over the past 24 hours and hovering around $1,200 on Monday morning, many crypto investors and market observers are prepared for a massive Ether decline back into the triple digits.<\/p>\n

On the decentralized exchange Uniswap, however, it occurred late Sunday night, albeit momentarily, as ETH retreated below the spot price, relative to other exchanges, to $950.<\/p>\n

The duration of the sell-off saw ETH’s liquidation price dropping from $1,200 to $875.<\/p>\n

Suggested Reading | Dogecoin Shed 91% Of Its Value Since 2021 High \u2013 A Musk Tweet To Pump DOGE?<\/a><\/em><\/strong><\/p>\n

\n

$ETH<\/a> went to $945 on uniswap pic.twitter.com\/XybAcnkMCH<\/a><\/p>\n

— Ash Crypto (@Ashcryptoreal) June 13, 2022<\/a><\/p><\/blockquote>\n