Ethereum has confronted an accident underneath $160 this year, learnt by The Coin Republic. It is said that this week has been unsafe for ethereum. The destruction was unforeseen of it as in the ongoing occasions ethereum was performing truly well like it generally does. It would hold a gathering in Osaka this year. The destruction was in reality a cruel blow on it.
It was at that point dropped to $220 and after that to $160 per token. The following day ended up being random as the value rose to $175. Positive thinking and confidence in ethereum were reestablished in brokers.
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TheCoinRepublic I don't think there is a warning sign for Ethereum supporters and investors, your $160 is not the price of Ethereum it's now at $179, it's very normal and it happens to so many cons in the market, we should not only point to Ethereum or create FUDS that has no basis.
Eth is still the best investment the market is having a hard time not Ethereum.
Not only ETH, so is other altcoins. Some suffers more downfall. Eth management is stable, it just happened that bitcoin, a major cryptocurrency has also lost its value that affects all altcoins. There are still more good news about Eth and I am confident that it will bounce back once market recovers again.