Topic: why ETH is getting down? (Read 573 times)
We all know that the entire market depends on the current price of Bitcoin, and Ethereum suffers most from this dependence. As soon as the price of bitcoin begins to fall, it starts a chain reaction, investors think that the downtrend has begun, which means the prices for altcoins will soon fall, they begin to sell Ethereum, which leads to a fall in prices.
anyone know why ETH getting down?
is there any bad news on it?
is there any bad news on it?
Let's look from the point of view of investment. When the market began to fall, most projects transferred piles of assets from this coin. What added strength to this fall. Now that the market is green, we see investments coming back.
The market is clearly visible as bears dominate the market, and all coins fall as well as Ethereum , but definitely in the future Ethereum will rise to its top, as the product is very much in demand in the market!
anyone know why ETH getting down?
is there any bad news on it?
The BTC also crashed,so it's normal for other alts to follow suit, as they in one way or the other all either rise or fall with the bitcoin. I think both coins ethereum and bitcoin would both bounce back,but it'll definitely take some time,we need to recover first before a bull run or stability. is there any bad news on it?
anyone know why ETH getting down?
is there any bad news on it?
is there any bad news on it?
Well, I currently have two issues in mind that I think are the reasons as to why the price of ethereum has been decreasing and remaining low(although I am not so sure about the second one). First reason I can think of is the drastic fall on the price of bitcoins which obviously affects the prices of all the altcoins out there and ethereum obviously is not exempted from this fall. Second reason is the split happening to mew which has been mew and gave birth to my crypto which are having a competition on who will be the best online crypto wallet out there.
One of the reasons may be that very wealthy players are often disconnected from working with cryptocurrencies on exchanges for various reasons. They can put an indecently decent amount of tokens for sale, which will cause the offer to exceed the demand for some time.
In my opinion it is temporary and ethereum will start growing in near future. Now bitcoin growing so all altcoins going down, maybe it is a real reason
Fully agree. I don't see reasons for ETH to drop down significantly. The market always begins to grow from BTC, so most alts don't rise until BTC stops.
The truth is that, etherum went down just like every other coin in the market.
The total market capitalization went down from 830 billion to 280 billion some weeks back before recovering and went to 450 billion(+) and this affected the total price of coins in the market.
Etherum is a solid coin with good fundamental, so I would advise you to hold your etherum as it would surely grow significantly this year.
The total market capitalization went down from 830 billion to 280 billion some weeks back before recovering and went to 450 billion(+) and this affected the total price of coins in the market.
Etherum is a solid coin with good fundamental, so I would advise you to hold your etherum as it would surely grow significantly this year.
In my opinion it is temporary and ethereum will start growing in near future. Now bitcoin growing so all altcoins going down, maybe it is a real reason
Is not drop in the ether due to the fact that bitcoin is falling? As far as I know, the growth or fall of bitcoin rate affects the entire crypto market.
With the falling market, the broadcast also goes down. Many people who bought this coin are afraid of further fall so they panic and sell. But this is all temporary.
anyone know why ETH getting down?
is there any bad news on it?
the etherium falls, because it is necessary, to weaken the burning star, which rose so quickly, but soon the trend will again shift to the ascending one, and everyone will rejoice until the next fall is there any bad news on it?
I think investors are focusing more on bitcoin rather then Ethereum. Bitcoin managed to stay above 11k support and this is a sign of good things for it. That may caused some investors to switch bitcoin from Ethereum. I can’t see any other specific reason for it to lose value.
I myself do not understand what is happening, why everything is falling, time is not very successful, it remains only to wait and hope that it will rise again
Eth isn't going down its just correcting after a multi bull rally. It can't just keep on pumping. Just in the last one year it has grown by astronomical figures. You just need to hodl for some time, you never know when it will surprise you.
Sure, we just wait in June or above, see the market will rising or not. But, i dont panic because now ETH has stable price after big crash few weeks ago.Maybe, when BTC have $15K value, Etherum will rise again.
He went down downward from for that large players begin to drop him in order that there was possibility to earn money. Let us not forget that nevertheless this currency is tied to bitcoin.
anyone know why ETH getting down?
is there any bad news on it?
The fact that the ETH is falling is a common thing for the crypto currency, because it is all unstable. Simply need to be revenged and it will grow again, and do not panic! is there any bad news on it?
anyone know why ETH getting down?
is there any bad news on it?
is there any bad news on it?
because its father bitcoin is mooning, some of the investors transferring funds from eth to btc. look at the market dominance at coinmarketcap.com
This is quite normal for stock trading. Ttraders buy cheaper and sell more expensive manipulating the price.
anyone know why ETH getting down?
is there any bad news on it?
You should know by now that prices of crypto currencies are not stable. The prices don't need any reason to fall down or go up within a given time. Events that causes price rise or drop lasts for a long term. But unusual drops are temporary and usually recovers within a short period of time. is there any bad news on it?
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