how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
It is possible to go down, the same class of Bitcoin has also decreased, especially at very sharp ETH, but I think it's okay for ETH rather than Bitcoin, in principle basically every coin will play or descend on this market, very unique price fluctuations it often makes people panic and is not strong on such rapid movements, it is also very likely that many people sell it on a large scale whether it's manipulation or whatever, which is clearly successful has made most people panic and sell.