Ether Drops to 7-Month Low as Crypto Slide Continues for 4th Day; Bitcoin Holds Up Better

Ether (ETH) dropped to a 7-month low on Thursday as crypto prices declined for the 4th straight day
The drop came after U.S. inflation data was slightly higher than expected
Bitcoin held up better than most other cryptos, with its share of the overall market reaching a 2-year high
Investment advisory firm ByteTree recommended cutting exposure to ETH due to declining revenues and other bearish factors
One reason suggested for Bitcoin's outperformance is investors flocking to its relative safety during uncertain times