Why Ethereum and ApeCoin Were Sinking on Sunday

Sunday wasn't exactly a day of rest or pleasure for Ethereum (CRYPTO: ETH) and ApeCoin (CRYPTO:APE). As of mid-afternoon, over the preceding 24 hours Ethereum dipped by almost 2% and ApeCoin suffered a much steeper fall at nearly 19%. Fresh comments from a big name in the crypto world were the root cause of the drops.

On Friday, Time magazine published a profile of Ethereum founder Vitalik Buterin, in which he delivered some choice quotes about the state of cryptocurrencies in general, and Ethereum specifically.

Image source: Getty Images.

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Source Fool.com