46 min temu
Ethereum slides near $1,664 on June 23, 2026 as activity rises and EF plans ~40% budget cut
On June 23, 2026, ETH traded around $1,664 after moving from $1,728 to a $1,635 low, with charts keeping the bias bearish and the June 5 level near $1,575 framed as the next key test. At the same time, active-address bursts have stayed elevated despite the drawdown, while the Ethereum Foundation said it is reducing its 2026 budget by roughly 40% as it shifts toward a longer-term spending model.