After Crashing 15% in 1 Day, Is Ethereum Still a Buy?
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Markets love to confuse cause with effect, and a sharp price drop can look like a verdict on an asset's future when it might not be. And in the context of Ethereum's (CRYPTO: ETH) decline during the Oct. 10-11 flash crash, that issue is currently at the front of the minds of many investors.Prices slid hard in a matter of hours, and by the end of Oct. 11, the coin was down by 15%. It's still down about 9% from its price 30 days ago (as of Oct. 22). Is Ethereum still worth buying, or does its lack of buoyancy after this flash crash suggest that there are deeper problems starting to show?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool