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Seeking Alpha 2022-06-16 17:24:54

Crypto Plunges Post-Fed, ETHE Shares Crater

Total crypto market cap is now below $900 billion, a whopping 70% decline off the November 2021 peak.Ethereum finds weak support here, but more solid demand should appear down at the $650 level.Trading at a severe discount to its holdings' value, ETHE is an expensive and complex way to play moves in the world's second-largest cryptocurrency.

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