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BREAKING: Ethereum tumbles 10% amid transaction delays on Coinbase

3:11 PM 30 June 2022

Today's weakness in the broad market has also spilled into the cryptocurrencies, which are recording large declines. The sentiment has worsened after the latest news from the Coinbase exchange, which suspends and delays transactions with Ethereum, which is losing over 10%. The cause of the problems is not known exactly at the moment.

Ethereum briefly broke below the $ 1,000 psychological barrier. Source: xStation5

Pessimism has dominated the biggest crypto projects. Source: xStation5

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