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Ethereum Price Risks $2,600 Drop Despite Institutional Interest in Onchain Funds
Source: CryptoNewsNet Original Title: Ethereum Price Risks $2,600 Drop Despite JPMorgan’s New Fund on its Network Original Link: Ethereum price crashed for the second consecutive day, reaching its lowest level since Dec. 7. It has now dropped by ~40% from its highest point this year. Technicals suggest that the ETH token may be on the cusp of a strong bearish breakout to $2,600 despite a major institutional player selecting it for its first onchain fund.