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.
News Source:
TheCoinRepublic Now ETH $160 and will back with lower price under $100, many investor do not understand why ETH could dump very lower price? bitcoin dominance have less with lower price altcoin keep following bitcoin trend become lower price too, now we still do not know how bitcoin and altcoin price next week or new years on 2020, become extreme dump or back with higher price.
In my own opinion, the whole market is really experiencing the deepest downfall not only this year but starting last year until now. Because if we remember when bitcoin reaches twenty thousand dollars in price, it is actually a golden era in which almost all of the projects being released becomes successful. Hence, even if we experience such downfall we should still believe that every cryptocurrency will rise up again if we still HOLD and have patience in every token that we are holding, not only that, we should have courage and keep on believing that crypto will not die. Volatility of the cryptocurrency is their nature. It is changing time by time. So downfall is normal. We should have faith in it.