ETH is almost a billion dollars market cap. Someone is shorting Bitcoin now to make people ' feel ' that ETH is the best alternative. Whales are trying to distribute ETH to people at this high price. ETH is the biggest bubble ever since 2013 Litecoin.
Thanks, brother!
Completely predictable. This is the classic camp doing this BTW, which is backed by Goldman, JP Morgan, Coinbase, Roger Ver, Andreas, etc. The usual asshats that have mislead everyone since day one.
ETH will keep running and the media will start getting into it cause that's how bankers do, but there will be a massive spillover and panic buying of other Alts which will be perceived as the ones taking over for BTC so buy some LTC, doge, (you can't find any IXC) and whatever older coins with solid devs and cheap prices.
Looks like the alt boom will come first - total scam so the bankers can grab as much BTC as possible before the big run over $10,000 later this year.
So buy some Alts now and dump them after ridiculous runs and hold the BTC!!!