BTC price dropped and everything followed, price correction is to be expected since the market had been pumping a few days ago. It was not just ETH but almost everything in the market dropped.
It's only due to the bitcoin.The price of bitcoin had reduced a lot.Nearly 2000$ in a day is not a small chance. It had influenced most of the altcoin and reflected on the Ethereum also.Ethereum price reduced over a 100$ and it made the people to hold their coin.