Ethereum and the Overall Market Follow BTC’s Plunge
Ethereum, as well as the overall market, have taken a dive following Bitcoin’s tumble downward yesterday. On the daily candles, Bitcoin is showing to have dropped a bit more than Ethereum, likely triggered by a large miner sell-off yesterday. This morning (9/8/21), the overall cryptocurrency market saw a volume that almost doubled to about $240+ billion dollars according to CoinMarketCap.com.
Bitcoin seems to be trying to settle, however with little success as volatility continues. For now, it’s hovering in the high 45,000s, to the low 46,000 range.