The Ethereum price has had a rough 2018 so far. Unfortunately for speculators and enthusiasts, it seems the worst has yet to come in this regard. With the Ethereum price now falling below $ 170, it seems to be a matter of time until $ 150 and potentially lower is reached. This is not necessarily the best outcome for the cryptocurrency ecosystem.
Ethereum Price Struggle Intensifies
Today will be another tough day for Ethereum enthusiasts. The value of their preferred cryptocurrency is getting battered once again, courtesy of another 12% drop in the past 24 hours. Compared to Bitcoin’s downtrend, things are certainly heading in the wrong direction for the world’s second-largest cryptocurrency by market cap. There is no improvement in sight, and things may even get worse as more time progresses.