Why ETH Crashed and What to Expect Next

The Ethereum price is struggling, a few days after it reached its all-time high (ATH) of $2,550. ETH has dropped for the past two consecutive days and is now 17% below its ATH. Its market value has dropped to more than $246 billion. Other currencies like Bitcoin, Ripple, Binance, and Cardano have also crashed.

What happened: Ethereum price rallied last week because of two main reasons. First, for the first time ever, Coinbase became a public company, which is a sign…


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