The Ethereum price is taking a massive beating as of right now, as it has dropped below $ 485 once again.
Ethereum Price Pressure Intensifies
Over the past few weeks, there has been an increasing amount of bearish pressure across all cryptocurrency markets.
If the Ethereum price is any indication, there will be plenty of setbacks in the coming days and weeks for all cryptocurrencies, including Ethereum.
Over the past 24 hours, the Ethereum price has effectively declined by another 10.04%.
For the Ethereum price, the current decline pushes the value down to $ 481, which may not necessarily be the bottom as of yet.

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