As we all know, the exchange rate of Ethereum has fallen during the past few months (vs BTC). From around 0.035 BTC per coin six months back, the prices have fallen to 0.0205 BTC as of now. The market share of Ethereum in the cryptocurrency market has fallen from 11.5% to 8.3% during the same period. Other alts have also fallen, but not by this much.
And this has happened despite the boost it received from the IEOs. Can ETH manage a comeback anytime soon? Will the investors stop selling their ETH holdings for BTC, and hold on to the coin?
not only etherum, bitcoin is still experiencing a decline this week. so in essence it is not only etherum that has decreased. The market is currently in a down period, because when there is an increase, it will definitely go down again soon. if the market is in an upward period, then the significant increase will continue and reach its peak. this is not something to worry about and etherum can certainly survive.