Why is ethereum and Bitcoin dropping?

Why is ethereum and Bitcoin dropping?

The falling prices come after new comments last week from SEC Chairman Gary Gensler about cryptocurrency regulation, concern over the new omicron variant of the coronavirus, and the $1.2 trillion infrastructure bill President Joe Biden signed last month that contains several crypto tax reporting provisions.

Why are the crypto coins dropping?

Bitcoin and other leading crypto coins experienced a significant drop in share price after investors began dumping mining equipment as China announced fresh regulations.

What will be the price of ethereum in 2021?

Ethereum (ETH) price per day from August 2015 to December 14, 2021 (in U.S. dollars)

Characteristic Price in U.S. dollars
Dec 12, 2021 4,082.9
Dec 11, 2021 3,901.85
Dec 10, 2021 4,106.33
Dec 09, 2021 4,440.33

Will ethereum rise?

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According to WalletInvestor.com, the price of the Ether will rise up to $6,918.43 within one year. According to priceprediction.net, the price of Ether will rise up to $10,174.18 within the next two years. According to digitalcoinprice.com, the price of Ether will surge up to $9,360.45 by 2021.

Should I buy Litecoin?

While not necessarily the fastest digital currency among the mega-cap cryptocurrency networks, Litecoin remains a great option for those looking to transfer significant sums of money. This crypto network has been shown to process transactions approximately four times faster than Bitcoin ( BTC 3.89\% ).

How much will litecoin go up?

Moving into 2022, Litecoin is expected to reach $267 by the first half. However, a drop of $12 is expected in the start of the second half and the market is expected to be around $255 by the end of 2022….More videos on YouTube.

Platform Price Prediction for End of 2021
Coin Price Forecast $223
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