Why is Eth value dropped now?

[Black Coffee]

Is it because Ethereum's limited capacity?

If you look closely at the market, then it is not just the ethereum that falls, but almost all crypto experience the same thing. Suppose this is an opportunity to buy and own ethereum, because if the market has recovered later, then the price of ethereum will skyrocket.

[boomshakalaka11]

Yes I know that the general market trend is negative and almost all cryptos are dropping. I just want to know that is there any other factor?

Someone said that the situation will change at the year end.

I don't think ETH is nothing, actually it is much better than most of the crypto projects right now.

[IL.Guerreiro]

this us just an effect of bitcoin situation in the market. Although ethereum is the best altcoin it is still not safe from bitcoin when it crash.

[boomshakalaka11]

Every time have some issues for negative market.But now I think ETH price is low for FIFA world cup.Most of investor withdraw their money from crypto market because they invest world cup match beting.I said from my experience I know some big crypto investor they now do that..So I think after world cup price will go up again..

This is definitely the most wonderful answer 

[Aqcizromencez]

not only does ethereum decrease almost all altcoin decreased bitcoin also decreases,maybe many investors are in need of cash so they pull their coins stay patient because the price will recover if it's time if you have the capital then this is a good opportunity to buy.

[lablab03]

Is it because Ethereum's limited capacity?

No pal maybe it was a slight dump from holders or a correction before to increase more,  'cause it seems ethereum is fine now and still promising,  so don't worry if i were you focus on the pattern and make some TA sometimes, because it's a big help to determine easily  the movement of growth rate  .

[iamMhew]

simple, its either eth has an issue on their network to get some investors to panic or investors wants to switch into another altscoins so they dump eth. but the main reason of dropping of all altcoins is the bitcoin. when bitcoin price down, after a couple of days, altcoins are follows. like what we are seeing now adays. but when the price of bitcoin raise, after a couple of week, altcoins are follows.

[Brivwe]

Is it because Ethereum's limited capacity?

because soon the price of bitcoin will come back then from now on Ethereum is decreasing because both of these coins also contradict each other about the price if BTC price up ETH will decrease as well as the price of ETH rise BTC decrease and with this decrease I think is usual

[chokomenia]

The whole crypto market is down not just ethereum, we are in bear market situation at the moment and when bear market happens all the coins in the market is affected even bitcoin is also affected because the price of bitcoin is also down.

[teksensei]

No, its because market is going to hell, not only ethereum
Come on, open your eyes on what is happening!

[makishart]

Every time have some issues for negative market.But now I think ETH price is low for FIFA world cup.Most of investor withdraw their money from crypto market because they invest world cup match beting.I said from my experience I know some big crypto investor they now do that..So I think after world cup price will go up again..

This is definitely the most wonderful answer  

That's a joke ether has not been used in any service related to the FIFA world cup. The majority of the gamblers are using the fast transaction and low fees coin just like doge coin ehty are not interested to use ethereum and remember this the blockchain of ethereum can get a congestion anytime.

[dTAPPO]

Well, as my opinion, the main reason for dropping the value of ETH is lot of fake ICO and scam. First scamears arrange ETH by providing fake ICO or fake giveaway,,, after that they sell all the ETH which they collected.

This is the main reason for dropping the value of ETH.

[yanesna3]

Is it because Ethereum's limited capacity?

If you are watching the market charts with decent attention you may understand that not only Ethereum falls but also many other cryptocurrencies falls. So it is not any special characteristic of Ethereum but the tendency of the whole market.

[celtic99]

I read that a few wallets with large amounts of eth got hacked recently so that may have caused the price drop.  Don't worry its only temporary and should shoot back up again very soon.

[rysheeer]

Eth's blockchain is experiencing a rough time their blockchain got clogged this past few days, which made the investors to double check if Ethereum is really a good coin and if it's worth the risk investing.

[drrekkty]

I do not know that you are so fond of the ethereum. The volume of blockchain is simply catastrophic, the number of scams  projects launched on it does not do him credit, although it does not spoil much. The stability of the network is deplorable. The price of transactions is cosmic. To trade such an asset is comparable with the gangling of grenades.

[qiuness]

because bitcoin is falling in price! ETH exactly follows bitcoin, when it falls, then ETH falls, and vice versa! Now you can very profitable to buy eth, unless of course you still have money))

[Ar.harry]

Its because of increasing consumers nowadays,  people's started investing in ethereum nowadays,  as the value goes down.  It will increase massively in some days and all will get more profit in tha.  So be patient and hold the coins for some days it will gives us a huge profit.

[boomshakalaka11]

Every time have some issues for negative market.But now I think ETH price is low for FIFA world cup.Most of investor withdraw their money from crypto market because they invest world cup match beting.I said from my experience I know some big crypto investor they now do that..So I think after world cup price will go up again..

This is definitely the most wonderful answer  

That's a joke ether has not been used in any service related to the FIFA world cup. The majority of the gamblers are using the fast transaction and low fees coin just like doge coin ehty are not interested to use ethereum and remember this the blockchain of ethereum can get a congestion anytime.

Yeah I know it is a joke, but I do not understand your second part, the gamblers are using other low fee coins? Any examples?

[l3sny]

there are a lot of people spreading fud about ethereum and the PoS, that is one of the main reasons of why we are seeing it dropping so hard. But it is a good coin and i think that it will recover from this