Ethereum is crashing by 20% right now after confidence in bitcoin rival shaken

a)Ethereum plunged more than 20 percent in Monday trading.

b)Ripple effects from a flash crash on one exchange last week was a driving force behind the drop.

c)Unsubstantiated rumors about the digital currency's founder contributed to the uncertainty.

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Here's what sets Ethereum apart from its rival Bitcoin Here's what sets Ethereum apart from its rival Bitcoin
Friday, 23 Jun 2017 | 9:48 AM ET | 02:21
Bitcoin rival ethereum plunged Monday despite a major exchange's efforts to shore up confidence by announcing a credit for customers who lost money during last week's flash crash.

Ethereum, also known as ether, traded 20.9 percent lower at $239.63 Monday afternoon, according to CoinDesk.

Last Wednesday, ethereum briefly plunged in a flash crash from above $300 to 10 cents on Coinbase's GDAX exchange. On Friday, the exchange said it would credit customers who "experienced a margin call or stop loss order" on GDAX during the flash crash.

GDAX reported Monday afternoon, ET, a temporary halt in trading for all products, which was resolved within an hour.