in Few days ethereum price is drop hardly in Bitcoin value, why ?
anyone know the causes ?
Thank you
it isn't ETH going down, it's BTC going up! Most other alts are down vs BTC. And BTC is rising because of a variety of reasons, partly a slew of mainstream media reports about this year's price rise, partly the news about opening of futures markets, partly the news on developments for lightning network.
That seems it like. There are some exceptions past week like Dash, IOTA, Monera, Monacoin. But quite sure that Bitcoin will keep on going up.
That's good for a lot of people, but the coin is not very practical. (Buying a coffee?) There are lot of other better blockchains, but traders are only interested in price.
for a price reduction did occur on every coin which weakened. to Ethereum indeed had suffered a disadvantage and cause the price being down. This is sustainable and make it fall. I am sure with the newer developments that continue to increase in price able to restore in the Ethereum future through a process that is not short.