Ethereum Shows a Rapid Drop

Ethereum dropped 11% to below $200

Yesterday, with 22% market cap, Ethereum dropped to $ 193.3, the first since July 19 once fell below $200. Ethereum, which managed to rise to $ 200 levels again according to the news hour, opened the day with $223, and closed the day with a decrease of 11.5% at $197.35

Ethereum still continues its rapid movements. and we can say that this indecision is due to August 1, and actually due to the striking decisions taken by alternative crypto currency exchanges.

BTC values ​​have decreased since many large-volume exchanges have stopped Bitcoin transactions. It has affected the values ​​of alternative cryptocurrencies on money exchanges.

Not only Ethereum is Falling

Ethereum and other alternative cryptocurrencies are also declining. Today, the market cap of cryptocurrencies has decreased by 7% and most cryptocurrencies are following this downtrend.

Record penalty for BTC-e.com and owner Alexander Vinnik