August 13: Crypto markets have today failed to sustain their short-lived recovery, with Ethereum (ETH) plummeting to a multi-month low below $300 and only a scant few altcoins spared from the widespread losses, as Coin360 data shows. Bitcoin (BTC) is seeing only minor losses on the day.Read more: https://cointelegraph.com/news/ethereum-crashes-to-9-month-price-low-below-300-while-bitcoin-shows-resilience
Ethereum (ETH) is currently trading at $288, down a stark 9.77 percent on the day. Having traded sideways most of the day to hold close to the $320 mark, the top altcoin saw a vertiginous plummet in the two three hours up to press time.
Ethereum’s losses on its daily chart are the most severe among the top ten cryptos on CoinMarketCap’s listings. On the week, the leading altcoin’s losses are over 28 percent, with monthly losses pushing 33 percent.
Ethereum is currently trading at an 9-month price low, hitting below the $300 price point last in early November.
Hmmm I'm seriously thinking of picking up a little more ethereum at these prices. But then I look at the price of EOS and want some of that too. Argh what to do what to do??
Leave your thoughts in the comments below.
Follow @contentjunkie to stay up to date on more great posts like this one.