To gauge the overall cryptocurrency market sentiment, most people look to the top currencies ranked by market cap. As of right now, none of those markets look too appealing. In the case of Ethereum, the price continues to fall at a very rapid pace. As this currency is now valued at under $87 per ETH, one has to wonder how dire things will get over the coming weeks.
It has been another rough week for all cryptocurrencies and digital assets, which was only to be expected. There hasn’t been any sustainable uptrend in the past few months, and today will seemingly not be any different. Although most traders are getting sued to this bearish pressure, there are still plenty of concerns as to where things will head next. Ethereum’s current price of just over $86 certainly looks rather shaky in this regard.