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Author Topic: ETH comes down so much what is the main reason?  (Read 8342 times)

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ETH comes down so much what is the main reason?
« on: May 23, 2021, 08:47:25 AM »
ETH market comes down so much what is the reason that it comes down and touches the 2334$ and day by day it touches the low. Can it will cover it in future or not?

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ETH comes down so much what is the main reason?
« on: May 23, 2021, 08:47:25 AM »

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Re: ETH comes down so much what is the main reason?
« Reply #1 on: May 23, 2021, 05:10:24 PM »
Bad news from China had a very strong impact on the cryptocurrency market and most likely the cryptocurrency market will not be able to recover this year to the same heights that were reached this year, so we can only wait and believe that the cryptocurrency correction will not be long, but as a rule, the correction lasts several years and nothing can be done about it.
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Re: ETH comes down so much what is the main reason?
« Reply #2 on: May 24, 2021, 05:57:00 PM »
One thing you may have noticed is that not only is the value of Ethereum declining, but the value of all cryptocurrency currencies is declining. However, the worst impact on Ethereum's market has been the fall in the price of Bitcoin. Because everyone I know is directly dependent on Bitcoin. So if the Bitcoin market returns to normal, Ethereum's market will return to normal.
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Re: ETH comes down so much what is the main reason?
« Reply #3 on: May 24, 2021, 06:01:33 PM »
Yes, I am going to increase the price of etherium from today.  Now only Etherium will run at rocket speeds.  Ethereum's future is now shining like a mirror.  Now is the perfect time for any of you to hold on to Etherium.  Now if anyone holds Etherium, I think their future is bright.
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Re: ETH comes down so much what is the main reason?
« Reply #4 on: May 24, 2021, 11:39:12 PM »
ETH made almost 40x in one year on basically speculative basis with no technical justification with eth transaction fees ever rising making lots of projects migrate to Binance smart chain thus this heavy correction should come at no surprise
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Re: ETH comes down so much what is the main reason?
« Reply #5 on: May 24, 2021, 11:45:01 PM »
Because a lot of negative sentiment about cypto has a huge impact on the decline in the prices of all altcoins like eth, btc, etc. but I have no doubt eth the price will recover in the near future
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Re: ETH comes down so much what is the main reason?
« Reply #6 on: May 25, 2021, 04:28:22 AM »
We know that all cryptocurrency coins are roughly 60% dependent on Bitcoin.Since cryptocurrency and other coins depend on Bitcoin, I think that the effect of Ethereum on the market is due to the declining value of Bitcoin. The price of etherium, however, has already started pumping. Hopefully the price of etherium will pump up a lot more soon.
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Re: ETH comes down so much what is the main reason?
« Reply #6 on: May 25, 2021, 04:28:22 AM »


Offline de_prof

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Re: ETH comes down so much what is the main reason?
« Reply #7 on: May 25, 2021, 11:21:38 AM »
ETH market comes down so much what is the reason that it comes down and touches the 2334$ and day by day it touches the low. Can it will cover it in future or not?

Ethereum price is going up again now. I see the market is growing and more stable.
We all see the Ethereum price is $ 2,570 now. I believe It will go up again and we will see the green.
Don't panic to face the market now, everything will be okay.
I believe it.
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Re: ETH comes down so much what is the main reason?
« Reply #8 on: May 25, 2021, 12:52:58 PM »
The price of every cryptocurrency in the cryptocurrency market is currently declining. While the price of Bitcoin in the market has been declining, the condition of other coins is also slightly lower. There is a new change in the market. It is difficult to predict when market conditions will return to normal. However, very soon the cryptocurrency market will return to normal. So the price of ethereum will break the previous record again.

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Re: ETH comes down so much what is the main reason?
« Reply #9 on: May 25, 2021, 01:11:42 PM »
All altcoin backing the bitcoin and Eth also. When bitcoin stable we will see good upward movement in the price of Eth

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Re: ETH comes down so much what is the main reason?
« Reply #10 on: May 26, 2021, 03:23:28 AM »
Not only has the price of Etherium dropped, but the price of Bitcoin has dropped by about 55% so the price of all coins has dropped. Whenever the price of Bitcoin is increasing, so is the price of all coins, including the Rem price. Now as the market is pumping again the Etherium price will exceed 5000 dollars.
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Re: ETH comes down so much what is the main reason?
« Reply #11 on: May 26, 2021, 05:36:58 AM »
Dependence on others is responsible for such situations. Because we all know Ethereum is dependent on Bitcoin price. Currently, the price of Bitcoin is coming down a lot, so maybe the price of Bitcoin With Ethereum's price has come down so much. However, as the current bitcoin price is pumping again, it is expected that the price of Ethereum will be pumping.
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Re: ETH comes down so much what is the main reason?
« Reply #12 on: May 26, 2021, 11:47:39 AM »
All the coins in the cryptocurrency have started to fall in price.In particular, it was seen that the value of the coin has come down to half of its current value.  At present ETH is priced at 2862$.The price of all coins has dumped this May.The cryptocurrency market is expected to pump up as soon as possible.

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Re: ETH comes down so much what is the main reason?
« Reply #13 on: May 27, 2021, 03:26:06 PM »
Not just only ethereum but all cryptos in the market as you can see they were also down so much.. The main reason is the FUD, I heard that China will ban cryptos and people starting to panic selling.. I believe the market will recover in the future just keep hold your ethereum.

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Re: ETH comes down so much what is the main reason?
« Reply #14 on: May 27, 2021, 05:21:27 PM »
The main reason for the drop in Ethereum price is that I think the Bitcoin price has dropped. Due to the sudden dumping of bitcoin price, the price of other coins including Ethereum has come down in this way. Now due to pumping the bitcoin price again but we can see that the price of all the coins in the market is increasing again. But currently the Bitcoin Etherium price is rising the most.
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