Why is Ethereum price falling?
When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Make the most of your money by signing up to our newsletter fornow  According to CoinDesk, Ethereum was priced at $2,388.08 (1,712.25) on Thursday afternoon - a drop of -2.61 percent in 24 hours. Ethereum also had a market cap of $277.78 billion, or 199.17 billion. As of 1.51pm on Thursday (GMT) Ethereum had plunged from $2,425.81 the hour prior to $2,390.84. Cryptocurrency price prediction 2021 - How crypto is tracking now  Bitcoin bubble will BURST - Experts weigh in on 'volatile' future  Ethereum's drop over the last hour is perhaps linked to a tweet from Tesla CEO Elon Musk on Thursday afternoon about rival cryptocurrency, bitcoin. Elon Musk responded to a tweet from Bitcoin Magazine which stated: "Kraken CEO @jespow: "Bitcoin is 'greener' than critics say. I think Elon has some more studying to do." Mr Musk replied to the tweet: "Based on what data?" The tweet from Mr Musk has drawn further attention to the criticisms levelled at bitcoin in recent months about its eco credentials. BTC price crashing in latest blow to crypto