14-07-2019 23:30 via newsbtc.com

After Flash-Crashing to $191, Analysts Expect Ethereum to Continue Dropping

The aggregated crypto markets are currently bathing in a sea of red after Bitcoin failed to find support in the $11,000 region and plummeted nearly 10% towards $10,000. This drop led most major altcoins, including Ethereum (ETH), to reel lower today, with many cryptocurrencies trading down over 10%.
Additionally, the recent plunge did lead Ethereum to flash-crash to $191 on Bitstamp, and analysts do believe that ETH will continue dropping lower in the near-future.
Ethereum Plunges 12% as Selling
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