As it typically happens when BTC fall down, most of the altcoins follow suit. Ethereum leads the adverse trend with a 6.5% drop. Just a few days ago, ETH was well above $3,100, but it’s now down to approximately $2,900. Can we still see ethereum reach 6k$ this year? Bitcoin price is being affected by new set of Chinese fud and altcoins are affected too there are a lot of altcoins a top altcoins that is now falling down and 1 of them is eth. So how would you defined the ethereum price next 3 months or at the end of this year can we still see it 5k$ to 6k$ or not?
Ethereum is less and less like this pattern this year though so we should give credit where it is due. Remember the last time (before this fall) that Bitcoin fell Ethereum actually moved above and beyond 3k.
We are back again in 3100 now so I would prefer to see it stay this way this entire month, rather than go back to 4k and fall back again below 3k,,, all the interest is still in defi coins now though.