Why is Ethereum market value going down?

[futuret]

Eth market value got affected due to various reason news inside eth development team and bitcoin slow down all these caused eth to loss market capitalisation

Actually not only ethereum price went down so also some altcoins has drop continuesly. It will be a good thinking to learn about ethereum market because there always many reasons why it's value going down but for sure it can recover.

Whenever there is a dip in the digital market, it is never for one coin rather all the coins face the same situation. Hardly few ones that are not even famous may show the opposite behavior. Besides, it is not possible for eth to keep on climbing up towards the summit of the mountain if bitcoin has stopped for taking rest or allowed investors to buy it at cheap rates. Simple as that.

[Aleksablack]

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.

because the shaft and the center of the crypto is bitcoin then when the bitcoin price drops all altcoin including ethreum will come down as well. it is not possible when the bitcoin goes down but there is one altcoin that still exists growing steadily

[metalglowd]

it is not only ethhereum, it is likely that the bitcoin price also goes down, either because there is a FUD or something else that affects it to cause the price of ethereum and other altcoins.

[Julibas]

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.

Not only ETH, the general market capitalization decreases too, it is normal therefore to worry there is nothing. Just you remember that finally there will be a bull trend, and after that a bull tendency we will see a bear trend. It is necessary to wait not much.

[Seano]

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.

I think it because all currencies go down and, the most important, bitcoin. The bitcoin has the most dominant position in the market therefore if it decreases, the most part of cryptocurrency goes with it down, and at this time Ethereum does the same. Therefore he goes to a bottom.

[jackylion]

The value of ETH decreases because the BTC value also decreases. If the BTC price falls, altcoins will also fall. This is influenced by many factors, possibly because of the crypto cycle, mass sales by crypto users which leads to a decrease in investor interest to join so the market price slumps. If all these conditions can be muffled and can be normal again then BTC will soon rise and followed by altcoins.

After the price drop altcoin, several weeks ago altcoin prices have increased again and this is also the reasonable price for investors to sell altcoin. This has led to a large supply in the market as the altcoin prices fall

[futuret]

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.

because the shaft and the center of the crypto is bitcoin then when the bitcoin price drops all altcoin including ethreum will come down as well. it is not possible when the bitcoin goes down but there is one altcoin that still exists growing steadily

indeed, bitcoin is the benchmark for all altcoins and they entirely depend on this coin for their survival. Bitcoin has laid the foundation of crypto currencies. It is supported by most investors. In addition to this, I also think that ethereum is not exactly what we can call falling down, at the moment. As compare to the month from January to March and early April, its condition appears pretty much better than that.

[Apaxy]

The value of ETH decreases because the BTC value also decreases. If the BTC price falls, altcoins will also fall. This is influenced by many factors, possibly because of the crypto cycle, mass sales by crypto users which leads to a decrease in investor interest to join so the market price slumps. If all these conditions can be muffled and can be normal again then BTC will soon rise and followed by altcoins.

After the price drop altcoin, several weeks ago altcoin prices have increased again and this is also the reasonable price for investors to sell altcoin. This has led to a large supply in the market as the altcoin prices fall

Generally, the increase in demand but there is no market growth provoking price increases, but this does not happen. Apparently, the binding of Bitcoin's currency is very strong and today we see poor results of Bitcoin's influence on the pricing of all the crypto currency.

[Godef]

Because the cryptocurrency market is in decline, and that is why some of the coin flaw cryptocurrency decline, but I think that soon this coin will rise to its place and will have a good hold.

[bandar]

I wonder how low it will go.  Ethereum follows bitcoin mostly and bitcoin is tending to stay stable or a bit down.  But ethereum has come from a very low price to this price.  It seems like it doesn't go below 500.  Given the use case of ehereum, I always ask myself the question: do you think it will ever go up again?  And my answer is always yes...  So it might go down, but the average dude has never heard of it.  Wait until the general crwod finds out about smart contracts-blockchains like eth and that the eth blockchain is the mother of them all.  Prices are bound to go up...at some point.

[yunusseymen16]

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.

[Open4lies]

Most of the reasons for declining ETH rates are due to the impact of the Bitcoin exchange rate. Besides, negative news from the media is also affecting ETH rates as it causes FUD sentiment for investors, allowing them to sell all of their cryptos to cut losses and exit the market. Another objective reason is that lower altcoins rates will lead to lower ETH rates due to the current altcoins mostly using ETH blockchain technology.

[ronafurw]

it is not only ethhereum, it is likely that the bitcoin price also goes down, either because there is a FUD or something else that affects it to cause the price of ethereum and other altcoins.

The current situation of the crypto market is not in that much favor of the crypto coins as it needs to be and that the market value of almost all the crypto currencies is either falling or is stable and that it is not increasing any further. This is creating a situation of chaos amongst the investors and that they are getting panicked. No matter how hard the situation is, you need to hold your nerves to stay safe.

[jdgranfiel]

There is a massive selling of ethereum at a lower price going on I think. People might be switching to altcoins and investing on them. But still time will come again that they will go back to ethereum.

[Vzae]

Value of Ether is getting down, it's because the bitcoin price has a big dump. not just the price of ethereum, but all altcoin will decreases in price

[PancherBitCoin]

There is a massive selling of ethereum at a lower price going on I think. People might be switching to altcoins and investing on them. But still time will come again that they will go back to ethereum.

all the same, the crypto-currency market depends on Bitcoin and precisely because of the drop in the price of Bitcoin, the level of the whole market is falling. I think that there is no ethereum guilt here and this coin will show its potential in the future.

[Rajamuda]

Crypto is currently being influenced by many things that make it in a downtrend such as one of them is checking or contradictions. For me.. I just reassuring me personally, everything is only temporary because after the decline.. there will definitely be something that will cause it to climbing back and better than now. Just hold, ETH is the best choice for investing in altcoins.

[CryptoMato2018]

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.

its bear market, after bull run <3

its not problem, 2018 is better year then 2017 <3
you can check it

[fdxzjp]

Recently, the price of Ethereum dropped even more. I read a lot of news and events. I think that the recent drop in the market has been a hacker attack!

[n0ne]

Not the ethereum, the entire cryptocurrency network is on the downside. Expect the recovery shortly, all that happening is just a manipulation from the whales. Panic gets prevailed among the user community, which is quite a common fact. No worries, recovery is assured.