Following Bitcoin’s recent decline, Ethereum (ETH), the largest altcoin by market value, has experienced a notable depreciation. This drop occurred amidst uncertainty regarding the imminent listing of an ETH ETF in the coming days or weeks. The primary cause behind this decline was apprehension surrounding the market being inundated with Bitcoin sell-offs. Prior to this downturn, a well-known analyst had publicly disclosed his downside target for Ether.
