Ethereum’s 40% post-ETF drop is an expected ‘sell-the-news’ reaction – Bitfinex – CryptoSlate

Ethereum’s recent 40% drop following the ETF news is a typical ‘sell-the-news’ reaction, according to Bitfinex. This decrease was expected as investors often sell off assets once a highly anticipated event has occurred. The drop in Ethereum’s price is a common occurrence in the cryptocurrency market and should not be cause for alarm. It is important for investors to understand these reactions and not panic during market fluctuations.