Ethereum Drops 9%. Is This a Buying Opportunity?

Ethereum Drops 9%. Is This a Buying Opportunity?
·5 min read

Cryptocurrencies fell across the board yesterday after Tesla CEO Elon Musk raised environmental concerns about Bitcoin, the world's biggest cryptocurrency. Ethereum, which is sometimes seen as silver to Bitcoin's gold, initially fell about 9% on the news, though it recovered later in the day. According to figures on Coinmarketcap.com, the whole market was down yesterday due to fears that Musk had gone cold on cryptocurrency as a whole.

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