The eth price is really normal right now nothing is happening and nothing to worry as bitcoin price also fall hard today Im sure eth will do the same and once reversal occurs then eventually eth will follow btc but if not and remains at the bottom then theres something wrong with eth but I cannot see anything bad for now just go with the flow buy the dip.
ETH dropped 11% today,
https://coinmarketcap.com/currencies/ethereum/... that is not normal.
The only normal here is when ETH will bounce back again and will start to recover back to $200 usd, but I am more concern with BTC now, hopefully it will not drop back to $6K again.
actually the lost experience by ETH right now is normal since bitcoin the mother of crypto currency lost its value also for 10% .
And we all know that if bitcoin drops other altcoin will follow and thats what happen to ETH.
That's correct, and if you noticed, when BTC rises, ETH would either drop or follow but it will not pump as high as BTC, but if BTC dump, ETH will even dump higher and it always follow, this tells us that bitcoin has controlled the market.
How come bro you need to think the volume and circulation of both are cryptocurrencies sensor ranks second still ethereum volume and circulation is lower than BTC only. So obviously the price will be followed as per the changes we see the price changes in the marketplace.
Hope everyone will be happy to have the ETH value to next level but very less chance only for coming days.