Ethereum price drops below $2000

June 21, 2021


Ethereum price drops below $2000

On 21 June, the price of the second most capitalised cryptocurrency fell below $2000, momentarily hitting $1950 (Bitstamp).

At the time of publication, Ethereum quotations had fallen to the $1984 level. The average gas price is 21 Gwei.

Earlier, the bitcoin price had fallen below $34,000. The flagship is currently trading at $32,600 (Bitstamp).

As a reminder, Ethereum plummeted by more than 50% on 19 May. Two days earlier, the nonprofit organization Ethereum Foundation transferred 35,053 ETH (~$115 million at the time of the transaction) to the Kraken cryptocurrency exchange.

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About the author

Hi there, my name is Zalman Weinberg. I'm enthusiast with over 7 years of experience in cryptocurrencies and blockchain. Professional Trader providing Blockchain solutions to Startups and Enterprises. Expert in all cryptocurrency exchange APIs (BitMEX, Bittrex, Binance, Bitfinex, Kraken, Poloniex, Gdax etc.). I have also worked with multiple Forex broker APIs.

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