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.
Why Only asked for Ethereums fall when all of the currencies are going deep that time,Ethereum drops 15%but Ripple down more than 20% and same as Bitcoin drops big as well.
I believe that this is the normal correction in which happens when there is unexpected Bull run and yeah it happens again recently .
Ethereum is falling fast and there will at least be another strong influence on the market resulting in the price crash, but what's great is that the recovery can still happen within the same day. We know the price is falling but it's just a correction and this is what I'm always worried about, stay calm because after all this is normal unless the decline hits the bottom.
Recovery still On progress as the prices is starting to stabilize And lets Hope that in the next Hours Value of top coins will start climbing up and start the Bull.