Bitcoin declined as much as 17 percent, while smaller competitor ether continued to slide after experiencing a “flash crash” last week, raising concern about mainstream acceptance of the digital currencies.
Bitcoin declined as much as 17 percent, while smaller competitor ether continued to slide after experiencing a “flash crash” last week, raising concern about mainstream acceptance of the digital currencies.
Well written
Here's some statistics:
ETH recent high 420, low 206.50 == Decline of 50.8% (Coinbase)
BTC recent high 2,999.90, low 2050 == Decline of 31.6% (Coinbase)
Coins with a lower notional value per unit tend to be more volatile. ETH seems to be pausing here, but there is a possibility that it will visit the nearby support of 180's.
Wow