ETH prices fell roughly 11.36% in the last 24 hours to near $238.72. At the same time, the Ethereum to Bitcoin exchange rate dropped almost 5.44%.
The biggest piece of Ethereum news today is the potential Chinese crackdown on cryptocurrency exchanges. Well, that and the recent comments from Jamie Dimon, CEO of JPMorgan Chase & Co. (NYSE:JPM).
Both of these developments dragged down the short-run Ethereum price.
The post Ethereum Price Forecast and Analysis – September 14, 2017 appeared first on Profit Confidential.
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Ethereum Price Forecast and Analysis – September 14, 2017
XRP prices took a tumble in the last 24 hours, falling below the $0.20 handle as fears of a Chinese crackdown solidified. The Ripple to USD exchange rate fell roughly 3.58%, while the Ripple to Bitcoin rate only edged down by around 0.08%.