Post
Topic
Board Altcoin Discussion
Re: Why Ethereum dropped 15% in only 1 hour
by
yangongear
on 26/11/2020, 13:58:28 UTC
Ethereum got hit by a massive flash crash today, dropping almost 15% in an hour. We caught the dump during the live stream and analyze the reasons leading to the dump.
Because BTC' correction. All market movements closely follow BTC's movements. If you see BTC chart in this November, you can see it grows on a parabolic pattern, which is often very unstable and easily crash when correction happen.