Ethereum Sell-Off Inspired by Bitcoin, Inflation and High Transaction Fees
The market valuation of Ethereum (ETH) dipped below $2,000 today. This is the first time this popular cryptocurrency, with a, um, special place in the heart of PC enthusiasts, has dropped below this milestone value since July 2021.(Image credit: CoinMarketCap)On Monday as Bitcoin's (BTC) price was collapsing. we noted that ETH usually shadows its bigger brother. This is indeed the case — BTC dropped below $26,500 for a short period earlier. Ethereum and Bitcoin were priced at $2,385 and $32,790, respectively, when we…