In past 24 hours. The prices of both Bitcoin and Ethereum has now fallen by more than 3% in U.S. Dollar.
1. Bitcoin price drop in daily peak, this dominant cryptocurrency is actually down six percent. BTC at its low in daily volume in steep sell off or 5% to 10% thus tends to see an increase in daily volume.
2. The Ethereum price has experience in similar trend as well as Bitcoin. ETH has dropped $2billion to $1.6 billion by more over 20%.
Is Bottom Far from here?-- Bitcoin
What happen to tokens if ETH drops 35% more?
If they are both dropped their price in the market it means lets avail the chance to buy em while their price was on stage of cheap value.
For me this is a good opportunity and this is normal too before the bull run will come to both coins in the market.
I do not want to think about it, but I have to do it. Suppose, these cryptocurrencies can fall even more, as the bulls and the bears are struggling now. If the bulls lose in the current struggle for dominance, then in the coming weeks, Bitcoin runs the risk of depreciating to support levels on the weekly chart, located around 7800 dollars, and Ethereum might also lose at least 15%.
However, close to 2020, they will grow fast.