Why is Ethereum market value going down?

[Ejanend]

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!

it was just fake news no hacker attack on crypto the price drop in market is just the panic by traders don't worry. all the price will be cover in some weeks. 2018 is the best for all currencies. their are alot of traders they sell their coins on profit and spread fake news about bitcoin for buy on cheap price in begging of crypto all coins are less secure and hacker easily hack the exchange but now on advance technology all crypto market are secure and every one can trade securely

[nobetci]

In my opinion, this big decreasing of the prices is just a usual term of the crypto markets. I see this season as a good term which is full of great chances to buy btc, eth, neo and many other coins easier.

[BettingTips]

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 main reason for the fall in market rates was the panic of investors worried about the future of cryptos that led to panic selling. Many investors will do so will lead to the exchange rate of the market drops rapidly. Also, the market for cryptocurrency is seriously affected by the stock market, so the current exchange rate reduction is straightforward to understand and only temporary.

[R3ffun]

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 is going down just because the bitcoin is facing massive dump. The rest of the coins whether it is ethereum, neo or any other altcoin, they are completely relying on bitcoin for the rise in their market values. This is the major reason why you are observing downfall in the prices of ethereum too. This is not permanent at all, with the passage of some time, ethereum will rise following the leader of crypto market.

market value is able to decrease when the level of interest in Ethereum will be very profitable for the future.
so for Ethereum which decreased enthusiasts can make the price down and the market also comes down.

[@baracitamon]

Probably the market is hard to predict the cause, but based on supply and demand, the demand for ETH is falling sharply.

[fluctuations]

For financial markets, it is normal for the market to go up and down. If you catch the market well then I think you will get a lot of money.

[Bitcoin_Makers]

Most likely, the price reduction of Ethereum is not affected either by fundamental or any other factors. Lower prices now, this is part of the normal market movement after a sharp increase.

[hani1929]

Its because of bitcoin.. as we know if bitcoin will dump some the altcoins also will dump.  buts that normal in the market.  Thats the risky part of investing in crypto. But no need to worries even if ethereum value will going down, in the future it will rise again because ethereum is a good coin to invest for long term investment. If ethereum will go down then its the best time to invest  and earn a lot of profits.

[iASIC]

Maybe many people have abandoned the Crypto market, they do not buy the coin anymore and that includes ETH, so I think that is the cause of the drop in ETH prices, the demand fell so prices fell.

[Kwiksave]

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!

I think the drop is just temporary. Just be patient.

[bitcoindian]

No only ethereum, almost complete crypto currency market going down and it is affecting the ethereum price also. So don't panic for the present situation of the market everything will be in normal once the market starts recovering.

[YesJP]

It's because Bitcoin is going down, sadly almost every altcoin depends on bitcoin, and bitcoin is facing brutal dump so that's why...

[altcointalk14]

It's because Bitcoin is going down, sadly almost every altcoin depends on bitcoin, and bitcoin is facing brutal dump so that's why...

Recently, the price of ethereum varies between 500 dollars. Maybe is not stabilize too much but probably in near future should growth. We should see price over 700 dollars in this summer for sure. We must be only patient and everything will back to norm

[lekam0213]

At first it I thought it was because eth are affected of btc dump but as we see eth and btc has different system which I think eth value down might because of its natural process as a crypto.

[kolinasnum]

Not only ethereum, but also almost all of the coins are drpping in these times. If you be patient and make reasonable invetments, you might get good profits in the future.

[robotrobert]

For financial markets, it is normal for the market to go up and down. If you catch the market well then I think you will get a lot of money.

Ethereum is not falling that much. Just some little fluctuations in the market and that happens. Part of the market actually. But there have been some good predictions about the future values of ETH as well and almost all experts say positive of Bitcoin and ETH. ETH follows the Bitcoin trend a bit as well and if there is any rise in the Bitcoin, it will push up ETH as well. SO better be optimistic rather than staying dejected.

[Johnyz]

At first it I thought it was because eth are affected of btc dump but as we see eth and btc has different system which I think eth value down might because of its natural process as a crypto.

Yes of course its different, Cryptomarket is dumping not just eth but we all know that eth is also a good coin which can bounce when the market goes green again. Eth scams may affect its value right now but still when we talk long term, eth is still good coin.

[keskass]

I think the caused is a lot of coin or ICO that using erc20 platform  suspected SCAM. So investor hold they money in fiat bank, low trusting exactly

[Coinredd]

What I can say about it is what makes ethereum market going down is market coin on the market and I can even says it because of bitcoin that goes down also and the thing affect all market

[Mihaylovic]

it is not about ethereum. ethereum is the strongest altcoin now with its blockchain, team and infrastructure. but market is really very shitty. that is why every altcoin including ethereum have been dropping for long time. we should wait.