Ethena Price Prediction: Is $3.4 Billion TVL Enough to Push ENA Back to $1?

Ethena Price Prediction: The second week of June has been notably bearish for the cryptocurrency market as Bitcoin price struggled to sustain above $71000. A bearish turnaround from the BTC price aligned with the market uncertainty ahead of the U.S. CPI data triggered a fresh correction phase of most of the major altcoins. Amid the downfall, Ethena coin lost $1 value and plunged to a three-week low of $0.684. Will this correction be extended?