today ethereum is down more than 15%. I wonder why this happened. is it possible because of the high cost of GAS? or for some other reason. I didn't find any news that caused the situation to turn out badly like this. this happened suddenly, is it safe, Will ethereum go back to $400?
Now the price of Ethereum had started to increase again.It reached the new peak of 382$,after a couple of days.The fact is value of ETH reduced upto 340$ from 470$ in few days.Which get a depressed feel on the buyers of ETH and the investors.After of 340$,the market also paused due to heavy gas fee for transaction.Now the market get into normal flow of ETH.So we hope,the price of ETH will reach of 470-500$ again.