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?
If they are both dropped their price in the market it means lets avail the chance to buy em while their price was on stage of cheap value.
For me this is a good opportunity and this is normal too before the bull run will come to both coins in the market.
Altcoins is still good Ethereum already drop more than 50%, remember on its all-time high it was traded at over $1000 but now as I'm writing this, they are at $173 just last month they bridge the $200 mark.
Bitcoin and Ethereum drop like 3% has nothing to be concerned about, they are still ok even at 10% drop which happens from time to time, it's highly volatile market and very exciting times, you must always expect the unexpected, most important is you do not put everything here, and you still have a job and business to rely on.