Veteran commodity trader Peter Brandt said that Ethereum could fall as low as $300.
Scary Ethereum forecast from veteran commodity trader Peter Brandt. Commenting on the collapse of the cryptocurrency markets from his Twitter account, Brandt said that ETH, which saw $881, is in a downward trend and may fall to $300. Brandt emphasized his guess, saying that he would not buy ETH even with the money of his enemy.
How Much is ETH?
Leading altcoin Ethereum dropped to $881 on Binance, its lowest level since December 2020. The unit, which partially recovered after this decline, is positioned at the level of 1035 dollars.
On the other hand, ETH has lost a total of 78 percent value after seeing $4878 in November 2021.