Recently, many people are saying that Ethereum has dropped by 20%, and the market has entered a bear market. Most of these are outsiders!!!
Whether the cryptocurrency market has peaked still depends on the leading Bitcoin, as its trend has reference value. Before July, the price of Ethereum was always below 2500, but when Bitcoin reached a historical high, Ethereum also rose to over 4900, setting a new high. Therefore, the rise and fall of Ethereum cannot represent the entire cryptocurrency market; it is still dominated by the leading figure in the cryptocurrency space. $BTC
