Why is Ethereum dropping today?!! What's going on with ADA?!! How high will Solana go?!!

Why is Ethereum dropping today?!! What's going on with ADA?!! How high will Solana go?!!
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If you are wondering, "Why is Ethereum dropping today?" Look no further than what is happening with Huobi Global our of Thailand. The Thailand SEC has suspended trading activity for ongoing regualtory violations by Huobi. So, why is ethereum falling today? Ethereum is falling because of the selling pressure that will come with the news of a regulatoty crackdown and the investor fear that their crypto could be at risk of being locked or lost. Whats going on with ethereum right now is a price recovery after falling to nearly $3700 per ETH token falling by a quick recovery from bullish investors looking for a good entry point for dollar cost averaging. Now, why is ADA dropping today? To tell you why is ada falling today we can look at the same catalyst for what sent the rest of the crypto market downward, the regulatory action taken in Thailand. It is also possible that the news of El Salvador adopting Bitcoin as legal tender has finally sold now that the rumor has passed. When will ADA break $3? Ada (Cardano) will likely break $3 as September the 12th approaches and possibly rally up to the Cardano summit later this month. When will ETH break $4000? ETH (ETH2) will likely break $4000 when PoS dates are announced or when the first of the US BTC ETFs are announced as being approved. Next, how high will Solana (SOL) go? Solana could possibly hit $300 in the near-term based on its momentum and speculative fundamental value. Why is SOL moving today? Solana is moving off of sustained momentum for the currency, NFT momentum, and further DEFI development. Why is Cardano falling today? There is a mixture of a broader market sell off and selling pressure from recently run up prices. Some of the ADA (Cardano) momentum could also have bled out into Solana's momentum. MATIC (Polygon) could jump in the near future on the MATIC-Coinbase partnership that could create enormous buying pressure for MATIC. Why is chainlink going down? Chainlink is going down in price because of overall market movement, but has recently run up as the leading oracly in the crypto space with further adoption and demand for its LINK token. Why is polkadot going down? Much the same reason as the other cryptos in the space, with exception of SOL (Solana) that does not seem to know the word "stop."

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#ETH #ADA #SOL