Why is etherum's price dropping?

[xPASTELx]

It was just doing fine yesterday.  

[sinduarianto]

it may be that the price of Eth drops because the bitcoin price is currently high high.

[teilwalL05]

it may be that the price of Eth drops because the bitcoin price is currently high high.

Yup! that is a certain one reason but there is bitcoin cash that is much more higher that ETH the ex 2nd rate crypto are now 3rd because of it, but we can see that ETH or Ethereum are beginning to move up right now and it is heading up just like bitcoin value does, but in a momentum of bitcoin we can only see certain Alts to just have a small step, but I am certainly hype of the price of bitcoin right now and it is great to trade right now because many Alts will sure go up and would synchronize with bitcoin price.

[bitcoinvestor]

it may be that the price of Eth drops because the bitcoin price is currently high high.

I think so, the bitcoin price is very high today. Eth dropped to 0.039 from 0.047 yesterday. How come? My opinion is that a lot of eth holders sell their coin to btc, they are waiting for free airdrop of segwit2x on november 16. Before fork of bitcoin gold 25 october the price of bitcoin is also increase. I think there are more people expecting free cash from segwit2x. I hope the eth price will recover soon because I hold eth in my wallet and exchangers.

[styca]

The fall has nothing to do with Eth, it's people selling their Eth to buy bitcoin following the news of the bitcoin futures market.

[MIV.matteo]

BTC growth is the only reason why all of the coin is in the downtrend. It's a snowball effect, that's notting wrong with Eth, we just need to wait the end of this hardfork

[AiloveYouks21]

It was just doing fine yesterday.  

one of the causes is the rise in bitcoin prices that reach their highest price, obviously it will affect all altcoin not only eth.

[bonghip]

It was just doing fine yesterday.  

Because bitcoin increases too fast; Not Ethereum alone, altcoins all fell sharply. All the predictions about Bitcoin and altcoin seem to be wrong. Bitcoin does not fall, it up to $ 7300. It was very unexpected.

[legenduim]

Unfortunately, it's impossible to get anywhere from bad news. And if the Ethereum falls there, then there must be a reason. I remembered that when it was the same rapid fall, but then the problem was in hacking one of the exchanges.
I hope that now it is not so, and the fall is simply really connected with the growth of bitcoin.

[billsted86]

his name is also trading, the price is erratic sometimes rise sometimes down but it is the price of eth is now declining and I regret it. may be the factor of eth price decline due to the rising price of btc. 

[sopiandi]

i am not lucky this time

[xenomorphe1]

People are selling ETH for BTC...

[keanne_isaac]

BTC growth is the only reason why all of the coin is in the downtrend. It's a snowball effect, that's notting wrong with Eth, we just need to wait the end of this hardfork

that also what i think eth price drops becauseost of the investor and trader attention was on btc but in due time once the btc price will consolidate eth price will bounce back.

[hua_hui]

It is quite common for eth and alt coin to drop in value when bitcoin is rally higher in value and keep breaking all the time. The natural course will be investors selling all their other asset and buy into bitcoins to secure the gains.

[bob3772]

Bitcoin price is rising so rapidly that people are dumping their ethereum to try and buy bitcoin, it will recover once bitcoin goes sideways or down.

[saekotye07]

the price of ETH is dump it because the value of bitcoin is in the higher level at now.. more holders sales they eth for that moment.. because we all know that the value of bitcoin is volatile either the altcoins drastically fall..

[Swinging Phallus]

Yep, Like everyone is practically saying. It's due to weak hands. Everytime BTC reaches a new ATH we can always expect altcoins to dump. It's good that ETH dropped in price though - We all know how resilient ETH is to dumps, so if it drops in price it's a great time to buy.

[BigEd2707]

Bitcoin rising..

[AlexanderPetrex]

It was just doing fine yesterday.  

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[sweerty1]

It is all about bitcoin's ath news I am sure. Some people started to panic and buy more bitcoin. But its too late in my opinion. It is better to hold on to your ether as bulls will come back from btc soon.