Actually, if you check the market dynamics, eth drops preceeded bitcoin drops. In other words, people are selling eth for bitcoin (on exchanges without fiat withdrawals like Polo, Binance, etc.) then cashing out on other exchanges. So the last drops of bitcoin are due to the eth crash!  If the leaders of the project say that it can go to zero, then nobody will believe in it any more. A huge mistake!

"In a lengthy Reddit reply, Ethereum’s co-founder Vitalik Buterin refuted that argument, stating that while possible in theory, the extinction of ETH is highly unlikely to happen, pointing at two imminent changes in the Ethereum protocol."

Read more:
https://bitcoinexchangeguide.com/ethereum-price-is-going-to-0-if-no-blockchain-protocol-changes-are-made-vitalik-agrees/

https://cryptovest.com/news/bitcoin-core-dev-claims-ethereum-eth-can-go-to-zero-vitalik-strikes-back/