i just realized this very interesting relationship here which i wanted to share with everyone and know what you think.
everyone knows that ETH price has only been going up because of all the ICOs that have been using this platform. but we all doubted how effective it was.
right now that ICOs are under attack, their ads are being banned on biggest platforms like Facebook, Twitter, Google,... and they also are getting banned in many countries and right now they are illegal.
with all that ethereum price is also falling pretty hard.
so it seems like everyone was right all along, ETH price has been pumping only because of ICOs...
what do you think?
ICO ban has a slight effect on the price of Ehtereum. The reason why it is down because bitcoin is also down and it is also a scenario with all the top altcoin in coinmarketcap. If you believe this you will soon regret selling it once the market recover.