Why is Ethereum market value going down?

[Claudyah]

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.

The news of the cryptocurrency trade ban plan has had a major impact on the cryptocurrency space, given the role of ginseng country as one of the largest markets for cryptocurrency, such as bitcoin and ethereum.

[Mugtaiya]

Price did increase from $505 to where it is now at $535.
So $30 increase in 24hour time period is a good sign the market for eth is turning.

[zakariajaki]

my view of the ETH is slow and the price is falling, I think it's normal that it's normal, yesterday's phase and now the adjustment phase of all cryptoes, including and most importantly the crypto legality adage for the country in the world, or perhaps now the political phase, , for the advancement of crypto and civilization of economic progress, hopefully useful, keep calm and spirit

[kimjenglot]

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.

The news of the cryptocurrency trade ban plan has had a major impact on the cryptocurrency space, given the role of ginseng country as one of the largest markets for cryptocurrency, such as bitcoin and ethereum.

but calm now that ETH and Bitcoin prices on the market have started to improved again. so we do not need to worry anymore, because later will definitely come back again at their best price. and we can get more profit there

[kadal88]

I think the reason is because of the dump of btc which affected the market badly and i heard some coins actually went down but i think that's just a useless coin and also eth got affected drastically

[zhangxie29152784]

It is normal for the market to fall, and high prices start to rise from low, so don't panic when you fall.

Now that ETH is green, I believe that ETH will continue to grow substantially in the coming months.

[TorbjornE]

Perhaps the fact is that the amount of funds attracted by ISO has decreased, and the demand for ETH required for participation in ISO has decreased. Because of this, the price fell.

[anntlevel]

Perhaps the fact is that the amount of funds attracted by ISO has decreased, and the demand for ETH required for participation in ISO has decreased. Because of this, the price fell.

Or maybe it is just that the whole digital market is going through a downfall and maybe Ethereum depends on bitcoin for its progress. Now bitcoin itself is not moving upward a lot so how can anyone expect Ethereum to gain high values while it is a way too slow even when the market soars up greatly. Just a few more days and all the coins will be bringing profits to holders.

[Serg22]

Now we see the opposite event, that is, the stable growth of the cryptocurrency, which causes investors ' interest in the cryptocurrency.

[darkangelosme]

As of April 21, 2018, 07:39:45 AM local forum time  ETH is already 621.81 USD   and hopefully i think we can expect much more from it on the coming month . Just be positive .

[heidikim]

Nothing will fall forever or ever rise to infinity. There is always a turning point. I think eth will go up to 0.08 in the bull season. At least he will see his price of $ 1000. I think it's a cycle. It's nothing more than that. I will wait 1200 + dollars to sell it.

I do not think that any period will upset the investors and supporters of Etherum. I agree with the idea of ​​ascension and decline. This situation is not continuity, so there is a benefit to wait

[JackdunR]

The Crypto market alt alt alt alt alt alt alt alt alt alt alt alt depends on the BTC price, because when the BTC price increases the altcoin also increase and vice versa, the market has grown again. ETH is growing so fast so be sure to hold them for the time being you will be profitable.

[shams]

It's because of all the currencies are going down and most importantly bitcoin. Bitcoin has the most market dominance so if it goes down most of the cryptocurrency goes down with that and at this time Ethereum is doing the same.

[manish9841]

The Crypto market alt alt alt alt alt alt alt alt alt alt alt alt depends on the BTC price, because when the BTC price increases the altcoin also increase and vice versa, the market has grown again. ETH is growing so fast so be sure to hold them for the time being you will be profitable.

Yup alt alt alt depends on the bitcoin price. I would excited to see Ethereum not just leveraging only in monetary value but also maturing as a blockchain platform.

[Gastotade]

The Crypto market alt alt alt alt alt alt alt alt alt alt alt alt depends on the BTC price, because when the BTC price increases the altcoin also increase and vice versa, the market has grown again. ETH is growing so fast so be sure to hold them for the time being you will be profitable.

Yup alt alt alt depends on the bitcoin price. I would excited to see Ethereum not just leveraging only in monetary value but also maturing as a blockchain platform.

There are lots of future ahead with ETH more progress will be soon as many adopt this platform. And as we see many gets too excited too see it set ATH again.

[GreatOrchid]

The Crypto market alt alt alt alt alt alt alt alt alt alt alt alt depends on the BTC price, because when the BTC price increases the altcoin also increase and vice versa, the market has grown again. ETH is growing so fast so be sure to hold them for the time being you will be profitable.

Yup alt alt alt depends on the bitcoin price. I would excited to see Ethereum not just leveraging only in monetary value but also maturing as a blockchain platform.

There are lots of future ahead with ETH more progress will be soon as many adopt this platform. And as we see many gets too excited too see it set ATH again.

Ethereum is never gonna be worthless, that is why i have been always saying that ethereum was always gonna be the best investment, forever.. And i am saying this since the price was less than one hundred dollars.

[Lock00Live]

At the moment you ask the market is falling deeply. So be patient and now the market has grown again, falling and rising in the Crypto market is all dependent on sharks, whales deliberately manipulating the market. Each increase and decrease in price has a purpose.

[Mugtaiya]

They did announce yesterday ethereum and ripple are viewed as non-complaint securities.
https://www.ccn.com/ethereumeth-and-ripplexrp-are-noncompliant-securities-says-fmr-cftc-chairman

But still as securities never the less.

[labilaab]

This has keep me wondering also last week but thankfully now Eth finally recovered. All I can think is that its still dependent to btc’s price. If btc falls, it falls also.I think btc really do have influence to all altcoins in market.This is in my own opinion only.

[rysea2]

As of April 21, 2018, 07:39:45 AM local forum time  ETH is already 621.81 USD   and hopefully i think we can expect much more from it on the coming month . Just be positive .

really, always optimistic and positive thinking will lead us to a high profit even more if we talk about Ethereum and I think it will not disappoint. believe me, the moon is coming soon.