Ethereum Price Loses 10% in BTC Value as Bitcoin Reigns Supreme

[roliboros]

An increasing Bitcoin price is often pretty bad news for altcoins.

Even the top alternative currencies are struggling right now while Bitcoin keeps marching on.

The Ethereum price, which was above $300 not too long ago, is now starting to slip pretty badly.
With losses in both USD and BTC value, things aren’t looking all that great.

Regaining the $300 support will be incredibly challenging.

Thanks for reading.

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Comments

[wjd1670]

Interesting .I'll follow along. also vote

[roliboros]

Thanks, followed you back.

[minnowpond]

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[hongro888]

BTC has definitely sucked all of the oxygen out of the market. I'm not sure we will go back to things as usual after the fork. The big money is starting to roll in and this will change the dynamic. Followed and Voted!