Ethereum falls below $ 450 in value

2018 is not being a good year for cryptocurrencies. We have seen how the value of Bitcoin has sunk quite a bit, although it has recovered a part already. But Ethereum, the second most important currency on the market, is also not spared. Since you are having a bad year. Something that is confirmed with a drop below $ 450 in value.

Ethereum falls below $ 450 in value

All cryptocurrencies in the market have dropped significantly so far this year. So we are seeing how the market is being hit hard. The regulations in the different countries have been in part the ones that have caused these decreases. Ethereum is possibly the worst part.

Ethereum continues to lose value

Only in this past month has it lost 45% of its value. A sample of the bad moment that virtual currency is going through today. In fact, yesterday afternoon it fell below 450 dollars in value. One of its worst results in months and the worst so far this year. Although it seems that with the passing of the hours it has managed to stabilize somewhat more.

The evolution of other currencies is less worrying, such as Bitcoin. Although the entire cryptocurrency market is suffering a huge drop so far this year. In addition, at the moment it seems that there will be no changes in this regard.

We will have to see how the currency market evolves, with Ethereum at the forefront. But the truth is, there are not too many reasons to be optimistic. The market has suffered a great decline from which it seems to not find the exit at the moment.

Business Insider Font