why did ethereum drop today october 17 2017

Last Updated on June 4, 2022 by

Ethereum price crashed from $319 to 10 cents on GDAX after …

Ethereum price crashed from $319 to 10 cents on GDAX after …

Ethereum briefly suffered a flash crash on the GDAX exchange on Wednesday. The price fell from around $319 to 10 cents in a matter of seconds. …

ETH/USD and ETH/BTC Technical Analysis October 17 2017

ETH/USD and ETH/BTC Technical Analysis October 17 2017

Ethereum initially rallied on Monday, but found enough resistance at the $352 level to turn around and drop towards the $336 level. There seems to be quite a …

How Did Ethereum's Price Perform In 2017? – Investopedia

How Did Ethereum's Price Perform In 2017? – Investopedia

This is due to competition from other coins like Ethereum, but also the coins that were created with Ethereum itself. These new entrants …

What Caused NEO's Temporary Price Slump and What to Expect

What Caused NEO's Temporary Price Slump and What to Expect

NEO altcoin holders and users are disappointed due to the decreasing value of this cryptocurrency.

With a metropolis fork scheduled for October 17, how would …

With a metropolis fork scheduled for October 17, how would …

I’ll post a chart below. Longer term ETHER will become the next bitcoin. I am not saying it will overtake BITCOIN, but this is betting on the NEW INTERNET …

Ethereum price history 2015-2022 – Statista

Ethereum price history 2015-2022 – Statista

Much like Bitcoin (BTC), the price of ETH went up in 2021 but for different reasons altogether: Ethereum, for instance, hit the news when a digital art piece  …

From $900 to $20,000: The Historic Price of Bitcoin in 2017

From $900 to $20,000: The Historic Price of Bitcoin in 2017

However, it did lead to a drop in trading volume as a result of the imposition of new trading fees by what were then the “Big Three” …

Bye-Bye, Miners! How Ethereum's Big Change Will Work

Bye-Bye, Miners! How Ethereum's Big Change Will Work

How Ethereum’s Big Change Will Work. Ethereum is making big changes. Perhaps the most important is the jettisoning of the “miners” who track …

Bitcoin Reaches October 2017 Volumes as ETH, XRP, and BCH Fall …

Bitcoin Reaches October 2017 Volumes as ETH, XRP, and BCH Fall …

$85 spread between the high and low of the week (as of now). Last time we had lesser volume than this was Oct17. Hopefully we see some semblance of …

Where Did The Money Go? Inside the Big Crypto ICOs of 2017

Where Did The Money Go? Inside the Big Crypto ICOs of 2017

TEZOS (XTZ). Product: Decentralized cloud computing platform, Ethereum competitor. Token price*: $1.31. ICO return*: 228%. Bitcoin return over …

What did ETH do in 2017?

2017: The First Big Spike The first rapid climb happened between April and June, when ETH went from the mid $40s to a price of roughly $362. It achieved a few more peaks and valleys, until its next all-time high came in December — this time $826. ETH closed the year 2017 around $772.

Why did Ethereum just plummet?

The major factor driving the plummeting Ethereum price is the Fed regulations regarding the soaring inflation. Just like last month, the Federal Reserve is expected to hike the rates because inflation has increased. This is what has caused the massive withdrawal in the stock and crypto market.

How much was Ethereum in January 2017?

around $7
Ethereum's January 2017 price of around $7 means that it gained an astounding 10,000% in 2017. The star of the show, bitcoin, began the year at about $800 and managed to add about 1,500% to its price.

Did ETH crash?

Bitcoin, Ethereum crash over 70% from peaks; crypto investors lose over $2 trillion in 8 months.

What will ETH be worth in 5 years?

With a 5-year investment, the revenue is expected to be around +719.32%. According to our ETH price prediction, the coin might cross the $2000 price mark by the end of 2022. The maximum price might be around $1,985.569 and the minimum around $1,350.187.

What’s the lowest Ethereum can go?

The smallest amount of Ether that can exist is 0.000000000000000001. This for more precise transactions and even enables microtransactions. Ethereum's biggest rivals include: Cardano (ADA)

Will ETH go back up?

Despite the challenge of predicting the price of a volatile cryptocurrency, the experts we spoke with generally agree ETH could once again break $4,000 in 2022. And a recent ethereum prediction by Bloomberg intelligence analyst Mike McGlone has it ending the year between $4,000-$4,500.

Should I buy ETH now?

We think ethereum is a good long-term investment for the next one to three years and are bullish overall. That means we expect prices to rise in the long term.

What was ETH price in 2017?

ETH-USD – Ethereum USD

Date Open Close*
Dec 05, 2017 470.29 463.28
Dec 04, 2017 466.05 470.20
Dec 03, 2017 463.70 465.85
Dec 02, 2017 466.85 463.45

Is ETH going to recover?

Despite the challenge of predicting the price of a volatile cryptocurrency, the experts we spoke with generally agree ETH could once again break $4,000 in 2022.

Why is ETH price crashing?

Cryptocurrency Prices Today: Bitcoin, Ethereum (June 15) Bitcoin, ethereum, and the broader crypto market continue to slump amid macroeconomic uncertainty that's being driven by surging inflation, a shaky stock market, rising interest rates, and recession fears.

Will Shiba Inu go up?

Wallet Investor's average prediction is that SHIB will increase just over 4% from its current price to $0.0000149 by the end of the year. Gov Capital predicts it'll reach $0.00006139 within one year, a 309% increase. Short significant use cases, shiba inu's primary value is in its level of hype.

Will ETH price drop again?

Despite the challenge of predicting the price of a volatile cryptocurrency, the experts we spoke with generally agree ETH could once again break $4,000 in 2022. And a recent ethereum prediction by Bloomberg intelligence analyst Mike McGlone has it ending the year between $4,000-$4,500.

How low will ethereum drop 2022?

$6,500-$8,000. The crypto news outlet Coinpedia predicted ETH could end 2022 between $6,500 and $7,500 if the same bullish upswing that started in mid 2021 were to continue. However, 2022 brought a bearish downturn in the crypto market, making it clear that ethereum's price is not going to rise from sentiment alone.

How much with ETH be worth in 5 years?

With a 5-year investment, the revenue is expected to be around +352.11%. Your current $100 investment may be up to $452.11 in 2027. According to the latest long-term forecast, Ethereum price will hit $5,000 by the middle of 2025 and then $10,000 by the end of 2033.

How low ethereum will go?

Well, short-term price predictions do seem quite good — between 2022 and 2024, ETH/USD can go from a low of $1,884.34 to a high of $12,768.35. However, in the long-term, Ethereum price predictions for 2025 show greater promise.

Will Ethereum dip again?

The crypto news outlet Coinpedia predicted ETH could end 2022 between $6,500 and $7,500 if the same bullish upswing that started in mid 2021 were to continue. However, 2022 brought a bearish downturn in the crypto market, making it clear that ethereum's price is not going to rise from sentiment alone.

Should I keep Ethereum?

We think ethereum is a good long-term investment for the next one to three years and are bullish overall. That means we expect prices to rise in the long term.

Will Shiba Inu coin reach $1?

Shiba Inu became a popular meme coin partly because of Elon Musk's public mention of the project on Twitter, but its lack of use cases prevents it from growing in the new environment. That said, Shiba Inu won't be able to reach the $1 mark in the foreseeable future.

Will ETH bounce back?

Despite the challenge of predicting the price of a volatile cryptocurrency, the experts we spoke with generally agree ETH could once again break $4,000 in 2022. And a recent ethereum prediction by Bloomberg intelligence analyst Mike McGlone has it ending the year between $4,000-$4,500.