Post
Topic
Board Speculation (Altcoins)
Re: Why ETH dropped 20% from the high peak? Anyone knows?
by
longyenthanh
on 13/03/2021, 13:55:30 UTC
It is not surprising to see Ethereum prices going down because the movement in the market is quite slow where almost all top coins are able to pump
but for ethereum only to survive and fall maybe interest in ethereum is already low it could be because the ethereum network costs very high fees for transactions

A 20% drop was a normal correction after the very rapid price increase Ethereum had for several months before. At the moment, the correction is over, and the price will return to the previous level and will climb for the new ATH. High transaction fees only slow down the growth of the ETH price, as the potential is much greater. We will find out how high the ETH price will go after ETH 2.0 is launched.