Has Ethereum Lost Its Touch?

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“Should I buy Ethereum?”, asks crypto influencer Ben Armstrong, known in the crypto space as @Bitboy_Crypto, to his almost 800,000 followers. The second most popular cryptocurrency has been in freefall for several days in tune with bitcoin, but at a more frantic pace.

Ether ETH was off 3,45% to $3,080.48 at last check Monday, according to Coindesk, as the sector was battered by interest rate hike concerns and an internet shutdown in Kazakhstan

Hashtags #ethereumcrash and #ethereum dip are trending on Twitter where fans and skeptics of cryptocurrencies are exchanging barbs over its sharp decline.