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Ethereum flash crashes to $13 before bouncing back to $296

Jonathan GarberAug 26, 2024, 11:55 IST

Red-hot cryptocurrency ethereum flash crashed on Wedneday afternoon, but has recouped all of those losses. The cryptocurrecny tumbled from about $296 a coin to a low of $13 in a matter of minutes. The entire decline cannot be seen on the chart because it is a one-minute chart, and doesn't display every tick. It has snapped back up to it's pre-flash crash level. Ethereum is up about 3,601% so far in 2017.

Investing.com

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