Bitcoin BTC
Has fallen back sharply after Ethereum (ETH) suffered a flash crash, although both have recovered slightly.
No reason is apparent for the sudden fall in the price of ETH fell 12% in a day and 19.4% for the week.
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Bitcoin BTC
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Has fallen back sharply after Ethereum (ETH) suffered a flash crash, although both have recovered slightly.
.
No reason is apparent for the sudden fall in the price of ETH fell 12% in a day and 19.4% for the week.
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Crypto markets are currently bathing in a sea of red after Bitcoin failed to find support in the $11,000 region and plummeted nearly 10% towards $10,000. This drop led most major altcoins, including Ethereum (ETH), to reel lower today, with many cryptocurrencies trading down over 10%.
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The plunge caused Ethereum to flash-crash to $191 on Bitstamp, and some analysts believe that ETH will continue dropping lower in the near-future.
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At the time of writing, Ethereum is trading down over 11% at $239, which is down significantly from its daily highs of $270.
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