Ethereum Era Is Over: Epic Drop of Second Biggest Cryptocurrency After Bitcoin

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The price of , the second biggest cryptocurrency after Bitcoin, fell below $400, for the first time since November 2017.

Stay with Nexter.org to know more.

Is Ethereum dead? 

hit a low of $365.65 mark on April 1st, according to CoinDesk data, and as of press time is trading at roughly $394.

The cryptocurrency’s price hasn’t been below the $400 level since November 23, according to data from CoinMarketCap.

Source: coindesk

At the time, the price had nearly reached an all-time high and would go on to surpass $1,200 as the broader cryptocurrency market shot to its peak.

ETH has lost more than 24% in the past days.

The true reasons remain unknown but many consider Ethereum had its price forced down due to increased selling pressure from traders.

However, it is not just the case of Ethereum because most major cryptocurrencies are facing a hard time in the markets over the past couple of weeks as market leader Bitcoin too, has fallen below the $7000 mark yet again!

bitcoin-chart-photo

Source: coindesk

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Summary
Title
Ethereum Era Is Over - Epic Drop Below $370 Is Lowest Price Since November!
Description
The price of Ether, the second biggest cryptocurrency after Bitcoin, fell below $400 on Thursday, March 29, for the first time since November. Stay with Nexter.org to know more.
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