EN 
???? BTC | $35,333 (+37, +0.0%)
???? ETH | $2,228 (+71, +3.1%)
???? XRP | $0.76 (+0.025, +2.6%)
???? LTC | $154 (+2, +1.3%)
Crypto markets have shed about $100M in market value since Bitcoin formed a Death Cross technical pattern over the weekend. The top 20 cryptocurrencies by market cap have now all recorded losses over the past week, as a risk-off mood takes hold across risk assets globally thanks to last week’s FOMC announcement.
Ethereum network usage appears to have declined to July 2020 levels, likely due to the recent market crash. Accordingly, transaction fees on the Ethereum network are now a fraction of what they were just a month ago – around $4 now, as compared to over $40 then.
The Ethereum London upgrade is expected to come in this Thursday, the 24th of June. The update is expected to lower transaction fees and reduce the supply of Ethereum, although how that plays out in reality will likely require a period of observation first.
