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On June 19, 2022, Ethereum fell to over 800 dollars. The reason for such a low drop was that many institutions faced failures, large investors were liquidated, and coupled with the Fed's interest rate hike, the external environment was very harsh, which led to the drop here.
However, due to the positive news from the Ethereum upgrade, it rose to over 2000 US dollars from June 19 to August 14, doubling.