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.
Ethereum is currently at a value of $ 148 per coin and this is an indicator of a 20 percent drop over the past few days. This fate has developed and Bitcoin, too, and also with other cryptocurrencies. It seems to me that talking about the influence of Bitcoin on pricing, Ethereum does not make sense, since Ethereum since the beginning of 2019 has shown that the price formation was autonomous, and not under the influence of Bitcoin. What is happening on the cryptocurrency market today, this general one may be a bearish trend in the cryptocurrency market or another manipulation of big whales.