In past 24 hours. The prices of both Bitcoin and Ethereum has now fallen by more than 3% in U.S. Dollar.
1. Bitcoin price drop in daily peak, this dominant cryptocurrency is actually down six percent. BTC at its low in daily volume in steep sell off or 5% to 10% thus tends to see an increase in daily volume.
2. The Ethereum price has experience in similar trend as well as Bitcoin. ETH has dropped $2billion to $1.6 billion by more over 20%.
Is Bottom Far from here?-- Bitcoin
What happen to tokens if ETH drops 35% more?
A 3% change in crypto world is nothing to be noticed at all, that type of changes happens all the time and never really come to anything to begin with. There are 10%+ changes that do not get the attention they would in any other investment. Crypto is more about major changes, unless something major happens none of this really matters. Bitcoin dropped like 70%+ in the past year and almost 50% in the past month so it is not really that important.
I think bitcoin is catching upto the losses other crypto had in the sense that when it was 6.5 thousand it wasn't really that low compared to some others which lost 80%+ so it is dropping to reach those levels but unfortunately when that falls the other crypto currencies fall as well making it impossible to catch for bitcoin.