Newsflash: Ethereum Price Falls Below $300, Pummeled to 9-Month Low

in #bitcoin6 years ago

ethereum-hard-fork-short-ETH-DEX-768x512.jpg

One solder sent a downgrade price of $ 300 on Monday, with the second highest number of cryptokurcans reaching its lowest point in more than nine months.

Atherium had traded more than $ 323 a day, but the clash of sales orders started to pump the market in around 15:00 UTC, to move ETH closer to $ 300, this level has been since 2017. Was not touched

ETH / USD | Bitfinex
At 15:43, ETH closed Penny more than just $ 300, and less than a minute later it fell below that mark on BitFinx for the first time since November 12. According to UTC 16:45, the price of etherium was $ 293. Atherium is now more than seven percent for day and 61 percent in 2018.

ETH / USD | Bitfinex
In particular, this decline has not been made against the dollar, because the price of the etherium is also against the bidakone. Just six months ago, ETH was under 0.1 BTC. Now, its price is less than half that does not show any signs of traces and finding your feet, because Bitcoin continues to capture market share.

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ETH / BTC | Bitfinex
At the current value of 0.047, ETH / BTC is now trading at levels not seen from the middle of December, when the cost of bitcoin was circled and briefly reached at $ 19,891.

It is not completely clear what has been done to stop the sale, which is unevenly large compared to the slight decline seen in the majority of the remaining cryptowurance market.

Click here for the Real-Time Etherium Value Chart.

Featured Image from Shutterstock

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