Receive all Cointelegraph news immediately in Telegram. JOIN × News Bitcoin News Ethereum News Altcoin News Blockchain News Regulation Scams Guides & Analytics Bitcoin Bitcoin101 Price Index Price Analysis Ethereum Ethereum101 Price Index Price Analysis Events BlockShow 2017 Helsinki 2016 Events Events News Explained ICO Calendar Press Releases Submit a post Submit press release Events About Us Catalog Advertise Franchise Join Us The Cointelegraphfuture of money Toggle navigation Submit a post Submit press release News Bitcoin News Ethereum News Altcoin News Blockchain News Regulation Scams Press Releases Guides & Analytics Bitcoin Bitcoin101 Price Index Price Analysis Ethereum Ethereum101 Price Index Price Analysis Press Releases Events BlockShow 2017 Helsinki 2016 Events Events News Press Releases Explained ICO Calendar Advertise 21 HOURS AGO By Jon Buck Recent Cointelegraph Survey Regarding Ethereum Price Collapse Recent Cointelegraph Survey Regarding Ethereum Price Collapse 5613 Total views 96 Total shares Any time there’s a major correction or major upsurge in values for any market, opinions and tempers flare about what could have caused it? When prices plummet, people tend to get especially upset. The recent collapse in the price of Ethereum (ETH) has led some to speculate about what could have caused the problem. Cointelegraph conducted a survey about the potential causes for the decline and the responses were interesting. The majority of respondents believe that ICO token sell-offs have caused the price decline. The massive rise in ICOs over the past months have led to a large amount of ETH being gobbled up in the attempt to raise funds. As startups seek to capitalize on funding by selling, the market may well have been flooded with available ETH, driving down the price. Others believe that the negative news campaigns around cryptocurrencies generally, and especially ETH, has led to the plummeting prices. Still, others blamed trading bots and the hands of investment banks seeking to take profits from investments made earlier in the year. With many blaming other sources as well, the reality of the immense volatility in the cryptocurrency market is clear. Ethereum News Ethereum Price Markets ICO Tokens Investments Banks Volatility Comments (8) Hide Comments Hottest Bitcoin News Daily For updates and exclusive offers, enter your e-mail below. Cointelegraph News Top News Recent Editor Recommends Buckle Up: Bitcoin Price Heads For Below $2,000 As August 1 Nears 48042 | 36 Tezos $232 Mln ICO Sparks Fresh Fears For Ethereum Sell-Off 44357 | 11 Ari Paul, Tuur Demeester ‘Look Forward’ To Up To $1k Bitcoin Fees 42125 | 15 The Brief History of Bubbles 29555 | 15 Price Analysis: BTC, LTC, ETH 30994 | 6 Ethereum Price Analysis: July 11 – July 18 8945 | 2 Last 2 Days To Grab Winbot Anticipatory Crypto-fiat Trading Bot Tokens At a Jaw Dropping 50% Discount 338 Anonymous Deliveries: Canada Introduces Blockchain, Tor-Based Delivery System 6130 ICOs Will Go on Despite Ethereum Price Fall and Uncertainty 8085 | 1 Exchange Union Coin To Bridge Digital Currency Exchanges For Enhanced Trading 336 How Bots And Black Marketers Are Influencing Bitcoin Price, Altcoins Value 20767 | 7 Startup Darling EOS Cashes In Millions Of ETH As ICO Scorn Continues 22678 | 14 Investors are Comfortable With Bitcoin, Ethereum: Hong Kong Experts 10362 | 2 Stop Trying To Kill My ICO: Nick Ayton 12748 | 4 Five Big Businesses Leading Bitcoin Charge 19586 Hottest Bitcoin News Daily ×Close Hottest Bitcoin News Daily For updates and exclusive offers, enter your e-mail below. ×Close Registration Username * First Name Last Name Email * Password * Repeat Password * You registration completed successfully. Confirmation email sent to email address provided. Sign up Already have an account? Log in here ×Close Login Email * Password * Twitter Facebook Log in with Facebook! I forgot my password Login Don’t have an account yet? Sign up About us The Cointelegraph covers Fintech, Blockchain and Bitcoin bringing you the latest news and analyses on the future of money. Site map Catalog Advertise Franchise About us Projects Join Us Events International Sites Bitcoin USA Bitcoin Brasil Bitcoin Slovenia Bitcoin Spain Bitcoin Serbia Bitcoin Japan Franchise Information Terms of services and Privacy policy © Cointelegraph 2013-2017
