Should You Buy the Ethereum Dip?
The world of cryptocurrencies is no stranger to dramatic price swings, but the recent downturn came as a major surprise given the backdrop of a bullish landscape. As just about every crypto shed double digits, one in particular was especially beat up: Ethereum (CRYPTO: ETH). In a matter of 24 hours, the world's second most valuable crypto fell by roughly 25%.
While it has regained some of the losses since falling from roughly $2,900 to as low as $2,180, Ethereum still remains well off its all-time high, let alone prices from last week. This drop begs the question: Should you consider buying the dip on Ethereum?
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Source Fool.com
