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Cryptocurrencies Price Prediction: Ethereum, ZKsync & Injective — Asian Wrap 19 June

Cryptocurrencies Price Prediction: Ethereum, ZKsync & Injective — Asian Wrap 19 June
FXStreet TeamFXStreet TeamFXStreet

Global Ethereum ETFs experience surge in net inflows as Hashdex files for combined spot ETH and Bitcoin ETF

Ethereum (ETH) is down 3% on Tuesday as Hashdex submitted a market-weighted crypto ETF to the SEC, aiming to track the price of ETH and Bitcoin. Additionally, global investors have increasingly purchased ETH ETFs amid declining exchange reserves.

ZKsync token faces massive sell-off following launch

A report from Nansen on Tuesday revealed that the top 10,000 wallets that were airdropped ZKsync's newly launched ZK token have begun selling their holdings.

Injective price primed for a relief rally following retest of support area

Injective price (INJ) approaches its key support area on Tuesday with on-chain data indicating a recent capitulation event for INJ and rising development activity. This fosters positive sentiment among investors poised to drive INJ prices higher.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin: Fed delivers, yet fails to impress BTC traders

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