RATE Group | Ethereum Price Falls Below USD 180 Again
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Ethereum Price Falls Below USD 180 Again

08 Oct Ethereum Price Falls Below USD 180 Again

Posted at 10:39h in Ethereum News by

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Ethereum Price Falls Below USD 180 Again 101
Source: iStock/Photographer, Filmmaker, Designer

After the major carousel action last week – which might seem distant in crypto time – we’re seeing yet another repetition this week: Ethereum’s price has dropped below USD 180.

To recap shortly, last week the hopes of an altseason were shattered as the price of BTC dropped below USD 10,000, then below USD 8,000, and all this time, altcoins have been feeling the hits of each drop too, with this drop-and-rise action repeating a couple more times. Already after the first plunge, we saw ETH suddenly drop from its USD 221.40, seeing all its gains in September swept away.

ETH price rose by 6% on September 27th, when it climbed to USD 175. We’re then seeing some fluctuations and corrections, the scale of which is not surprising in the Cryptoverse. ETH gradually dropped to USD 167 recorded on September 30th, which was followed by a jump to USD 184.8 the next day. Yet, just a day later, it’s back below the USD 180 mark, and at…

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