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500, 8000, bearish, below, bitcoin, ethereum, fall, market -

Ethereum’s price took another downwards step today, falling to around $480 from around $530, nearing its recent bottom of $450. Trading volumes have also dropped to just one billion in the past 24 hours, with volumes of $70 million common for the top exchanges. Ethereum’s recent price action on a 15 minutes time frame. The currency has been sort of sidewaying for a few days, but the general direction continues to be down, with it falling now for months. Bitcoin too has fallen to just above $8,000, with the currency unable to maintain a level above $9,000 in recent days....

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