Post
Topic
Board Speculation (Altcoins)
Re: Why Ethereum dropped 15% in only 1 hour
by
minhkhoa
on 27/11/2020, 12:37:06 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.
Bitcoin has too much influence in the crypto market. hence in one day, Bitcoin fell to $3,000. Investors are psychological and sell BTC to cut loss and ETH also affects and falls. You keep looking on coinmarketcap when Bitcoin increases, the green Altcoins.