What is to blame for the collapse of Ethereum prices in just three months, following its upsurge to nearly $1,400?
Underlisted are what I thought
1, regulation. 2, The exchanges and 3, Mining profitability: The price of Ethereum is governed not only through speculative actions, but also by mining profitability
The cryptocurrencies are always co related to what is happening to bitcoin. We all know that bitcoin in the past months were also in the downtrend and infact many speculated that it will die out this i believe has affected the price value of many cryptocurrencies in the market and even ethereum.