Something quite unavoidable happened. At one point, Bitcoin had gone below $52,000 and almost crawled back up to $50,000.
Bitcoin once again shattered the Ethereum trend. If not long ago, the second-largest cryptocurrency by market cap had good chances of re-assaulting $5,000, then today, the situation has changed drastically. Now, the largest altcoin is on the verge of a new dump, and another collapse of BTC could easily send it tumbling down that hole. If the worst-case scenario continues to play out as it has been, then the next stop for ETH is in the $3200 – $3500 range.
Read more
