why ETH is getting down?

[Bitcoin-Pro]

anyone know why ETH getting down?
is there any bad news on it?

[leath08]

I just think we are in a bearish market, it will pick up.

[sauravrajput1]

I dont think any bad News every coin is on down side shortly will reach to moon

[SnapFX]

Total capitalization of the market of a crypt falls therefore also Efirium falls. Also it is connected with ICO capitalization fall.

[KryptoKai]

Maybe people are realising that there are better alternatives and they are getting in early before they moon. Ethereum has already shot up last year so this year it will be the turn of other smart contract altcoins such as NEO and LISK. Momentum is already shifting to NEO right now, LISK will happen later this year

[kriptocan]

Maybe people are realising that there are better alternatives and they are getting in early before they moon. Ethereum has already shot up last year so this year it will be the turn of other smart contract altcoins such as NEO and LISK. Momentum is already shifting to NEO right now, LISK will happen later this year

Thanks for the opinion. I was also wondering the same thing. I might give NEO a chance.

[TreXzar]

Markets still recovering from the recent crash, it will flunctuate for some time but generally go towards an upwards direction. Just give it some time and it'll get back to where it was before. NEO definitely is the star recently...
Regardsless, be patient and strong!

[boonsterx]

This year ETH will be moving to POS.. when that happens, there will be a strong bull run for ETH.

In the mean time, ETH is like a sleeping giant and will rise and fall with the entire crypto market.

Stay vested in ETH if you really believe in crypto.

i hold both eth and neo

[imjustp]

No one knows but there was news of one of the developers getting annoyed about something, could be that.

Personally I think it is just the market at the moment. When BTC reaches like 13k again you’ll probably start to see more alts getting value. Right now most people are gonna be hesitant to sell their bitcoin while it is down in comparison to what they bought it at.

Could be what others have also said, EOS is nearing release of its own block chain and neo is going from strength to strength

[alexbs]

The value of cryptos are very unstable because  it’s mostly given by supply and demand flows and these in turn are very influenced by irrational factors and exaggerated expectations and news.

Inflections like the one in theese weeks have been frequent throughout crypto's market history. Honestly, I think crypto market is bullish this year, only started bearish just to show you teeth.

Ethereum, follows the market sentiment. However it held more, on average cryptocurrencies, so hold and be patient.

[shandi albert]

I am not surprised by this kind of situation but the worries overshadowed my mind, usually investor interest will rise again and will make the price of ETH / USD able to rise, even penetrate the price more than that. I think the price of ETH is most stable compared to other coin.

[yndye]

anyone know why ETH getting down?
is there any bad news on it?

Bitcoin dominance is going up that's why ETH is going down. Traders would want to take the opportunity to profit in the increase of bitcoin that's why it would be a big opportunity to sell their ETH or any other altcoins and then buy more bitcoin. If you observed in the previous bitcoin runs, altcoins go down when bitcoin is going up so if you observe that the bitcoin dominance is slowly going up, you better sell your coin also and buy lower or if your coin is already down then you can buy more to average down if you have more funds.

[qazgroup]

There is no actual reason, Eth is good for long term holding, at the moment it is under bear pressure due to btc as btc is going upwards and its dominance is increasing so money from eth and alts is going to btc.

[Socioman]

anyone know why ETH getting down?
is there any bad news on it?

It has grown well lately. The price of the etherium reached 0.122 btc. I think now just is a correction. But do not be discouraged. This year the etherium is expected to have a lot of news. I think we will see a good price increase! 

[michael shikany]

I think there is no bad news, because of the ICO market bubble has disappeared, then the relationship between supply and demand imbalance, ICO team started selling ETH to cash funds, so I think this is the main reason causing the ETH price drop.

[Profuter]

anyone know why ETH getting down?
is there any bad news on it?

I haven't heard the bad news. I think this is due to the fact that soon should rise in the price of bitcoin and everyone began to sell Altcoins to buy bitcoin.

[Grim149x]

I actually prefer it going down so I can buy later on.

The thing is they say that we are still in a bearish market so it should be the reason.

[Midsign]

The entire Crypto market capitalization fell and its no surprise that the price of ETHERUM plummet as the price is also associated with the market cap.

Etherum has good fundamentals and would remain and stay relevant in the Crypto market.

When the bull market gets back, you would see etherum doing exceptionally well.

[svobodnyi]

Because bitcoin is growing. When bitcoin grows - the altcoyins go down, it's been tested for a long time))

[Tsar Bomba]

In my personal observation, there's no bad news. It's just a reverse correlation with BTC. Probably many traders sell their ETH to buy BTC and ride it's train.