Last year ethereum also experienced a decline as it is now, but to my knowledge does the price not fall as badly as this? how could this happen? what is behind it?
The price of Ethereum was naturally influenced by the overall market situation. But I think. which was further influenced by the huge amount of Ethereum that was sold by projects that got it on ICO. In a fairly short time, a lot of ethereum has been sold. But projects need funds for further work.