📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
The price of Ethereum dropped below 2200 Dollar on June 23, 2025, raising concerns about market volatility. No direct comments were issued by Ethereum leaders, including Vitalik Buterin, leaving traders to interpret the deteriorating market conditions.
The drop of Ethereum below 2200 Dollar indicates a continued state of uncertainty in the market with broader effects on investor sentiment and technical analysis.
Market conditions and their impacts
The decline in the price of Ethereum comes after a 40% drop from its peak in May at $3800. The market is currently witnessing intense sell-offs and doubts among traders. Influencers and key leaders have not commented on the situation yet.
"The absence of direct comments from prominent figures highlights a period of uncertainty in the market, contributing to a lack of clarity for traders and investors dealing with the current price movements."
Vitalik Buterin, the key figure in the development of Ethereum, remains silent about the sudden drop in price. There are no reports of institutional actions or financial shifts related to the current decline of Ethereum. It reflects investors' cautious sentiment due to market volatility.
The broader cryptocurrency market, including Bitcoin, has seen similar declines. Technical analysis indicates a potential drop in the currency to the level of 2026 Dollar due to bearish trends. Concerns center around selling pressure and weak support.
Historical trends indicate that the sharp corrections experienced by Ethereum impact decentralized finance protocols (DeFi) and governance tokens. Analysts remain alert to potential long-term economic effects, monitoring possible regulatory responses and market adaptations. Ongoing scrutiny regarding the risks of cryptocurrency volatility may emerge.