Why is Ethereum market value going down?

[MMA]

I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.

Probably this is due to the real demand for Ethereum is very low in which investors still can't decide to join the investments because the market is still in difficult or not healthy at this moment and I'm afraid that this will become worst if the total ban of ICO advertisement by the social media will take effect on June in which it might reduce the ICO numbers which means the demand for Ethereum will going to reduce too.

Fluctuation is always there, either you are trading altcoin or any other altcoin, Etherium has a lot of potential and its price will surely increase too much, we just need to keep eye on Etherium price and when the upward trend starts then we should invest money in Etherium, because Etherium can give us a good profit, i think if a person can afford he should also invest money in Etherium right now.

[South Park]

I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.

There is not really a direct explanation that we can give, ethereum is going down simply because all the market is going down there is nothing wrong with ethereum or something that we can pinpoint specifically to ethereum that is making it to go down, probably the only thing that is affecting ethereum directly is the current banning of cryptocurrency ads in several social media platforms.

[seramania]

I do not think it's just the ethereum that goes down but all the coins down, maybe because the bitcoin price also goes down which has a big impact on other coins but I do not think because bitcoin prices go down, probably because it bans crypto ads on the world's top sites that affect all coin prices.

yes I also think if all coin prices are decreasing and not just focused on ethereum. so I think if you have a coin you can hold a coin and maybe we can see it as the best thing than selling at cheap price.

[Weawant]

I do not think it's just the ethereum that goes down but all the coins down, maybe because the bitcoin price also goes down which has a big impact on other coins but I do not think because bitcoin prices go down, probably because it bans crypto ads on the world's top sites that affect all coin prices.

yes I also think if all coin prices are decreasing and not just focused on ethereum. so I think if you have a coin you can hold a coin and maybe we can see it as the best thing than selling at cheap price.

Bagholding is much better rather than selling at loss since we can still cover our loss when everything on the market became normal. But we can do a short term trade with it or maybe buy more at the cheapest price. We should not fear on this current decline since this happenings are pretty normal and although loss are so fearful still we should not let ourselves to get loss since everything has potential to rise.

[JeromeTash]

Its not just ethereum, the general market cap is going down too... this is normal so there is nothing to worry about. Just remember that eventually there will be a bullish trend and after that bullish trend we shall see a bearish trend.

[BigBos]

Its not just ethereum, the general market cap is going down too... this is normal so there is nothing to worry about. Just remember that eventually there will be a bullish trend and after that bullish trend we shall see a bearish trend.

may be due to several reasons. but I think the current eth price drops due to the declining bitcoin price. well, the bitcoin price drops very far, and eth also follows it. altcoin falls due to both prices declining. I think like that.

[herfie.chen]

Its not just ethereum, the general market cap is going down too... this is normal so there is nothing to worry about. Just remember that eventually there will be a bullish trend and after that bullish trend we shall see a bearish trend.

may be due to several reasons. but I think the current eth price drops due to the declining bitcoin price. well, the bitcoin price drops very far, and eth also follows it. altcoin falls due to both prices declining. I think like that.

I agree wih you, Ethereum market going down because of the declining price of Bitcoin. Various issues about Bitcoin being the cause of one of them the ban on Bitcoin in India.

[mia khalifa]

I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.

it's because the current market conditions are not conducive and many bad news that attack cryptocurrency which eventually a little trading in ethereum which eventually make the volume ethereum to be thinning not only ethereum just seems some coin affected by the reduction of bitcoin price also experienced a reduction in volume trading. hopefully this nightmare does not last long and can make price recovery quickly.

[mudasarali43]

I think it is because of Bitcoin price because i think Bitcoin price is impacting all over the market almost all coins are at the lowest price and some ICOs Token are at the loss just because of the down price of bitcoin because all market is depending on bitcoin price that is why Eth and other market is in loss trend,

[richcorner100]

Too many bad news and FUD at the same periode make some big investor of crypto panic sell and dump the price. But this is not end of cryptocurrency, this down will finish and will change to up trend in a few month later. Not only ETH was big drop but all crypto, so dont worry about that, will be any times for the price going up.

[cydrix]

Yeah i think everytime as I've said from my previous opinions all crypto coins fall down nothing is in exceptions. Think of the same as going up and think of it why was it going really up then think the opposite of it then you'll get your answer.

[stefany101]

In my own opinion about ethereum's price going down in market , i think it is because of too much altcoins that runs out and dominating the exchanges, most bounties or ICO's that are already over are not supporting erc20 tokens and that's why ethereum is falling down.

[aoihs00]

Now I understand for 100% why the ETH is going down. Its all because of worried people like you and people who are very very concerned about the prices of ETH or any coin in the market. Obviously all of them are 2x worried about the BTC also and that is why they are pulling the king behind as well. With that in mind the queen has to follow the path too! We are literally disturbing the market and unknowingly creating lot of FUD's around us. We talk about it but new people read about it in completely different way and thus make it look like worse. Just imagine if forum was full of positive threads everywhere then what we could have ended up with? All the new streams passing by, thinking they are investing in good coin and thus they could just make loads of profits.! So its the FUD my mate which is hampering the market.

[ajiejot]

I see the market cap of Ethereum is going down day by day. Could someone explain what is really driving down? Is it due to market FUD or sth different.

There are many reason behind that, buy for me. It is because the price of Bitcoin is dropping and also because there are many fake news or FUD spreading just to make the price of every coin drop. It is so normal, also because of the price correction because the very long bull run rally last year on ethereum.

[surbanaB]

The entire market is going down, so it's not just like you can single out ETH and say that it's only them. The entire market is going through a massive downturn, massive amounts of money are leaving the market and people are scared.

Also, when the price of Bitcoin crashes the price of altcoins crash -- that's how it works. If the pairings were different, as in if the pairings weren't all bitcoin then maybe things would be a bit different but that's not the case -- that's something we can try to change for the future.

Yes, it’s not only Ethereum but also  all coins in crypto are both in the same fate of going down now, this is the crutch time. This is absolutely normal, nothing can go up forever, maybe it goes down right now but it will definitely go up again. The bitcoin price is decreased right now the people who’s interested in buying bitcoin got failed, also the price of ethereum and others fluctuate in a bad way. But in anyway, don’t be panic too much, the price will absolutely recover soon.

[yhoga45]

I think it's related to Bitcoin price also going down, a lot of peoples said that Bitcoin is the mother of coins and when it's dropped almost of coins follow drop too. Bitcoin drop because there was a lot of bad news and I hope it's over now.

[BitNaija]

I had expected ethereum to have carved a nitch for itself. But surprisingly, it is still toeing behind bitcoin. The price swings because bitcoin swings and in the same direction too.

[light22man]

It's  because we now on bear market and lot of people  newcomers and  jump from the train  hopping to save something

[manish9841]

Yes all the advertisements bans and FUD stuff. I certainly believe that there comes one powerful decentralized advertisement platforms and removes the need of Facebook, Google and such enterprises.

[Sanjida]

Not ethereum all coins market value is going down now.this is the crutch time.its price goes down right now but it will definitely go up again.so dont worry about that, will be any times for the price going up.good luck😊