Ether Prices Plunge To 7-Month Low
Ether (ETH) prices struck a seven-month low on 2nd December, extending the losses suffered earlier in the week. ETH fell to as little as $7.60 at 15:55 UTC, according to Poloniex figures. The last time the price dropped to this level was in late April. The price of ether – the cryptocurrency of the ethereum network – managed to recover later in the session, reaching $7.88 at 17:10 UTC, additional Poloniex data reveals. In spite of this improvement, ETH followed a steady, downward movement during the day, peaking when it opened the session at $8.40. Ether prices have been encountering....
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Ether (ETH) prices fell to a nine-month low on 5th December, building on the losses suffered in recent weeks. Ether, the digital asset used to power platform ethereum, reached $7, the lowest since 1st March, according to CoinMarketCap. The digital currency hit this price at 18:44 UTC, and then lingered at this price until rising to $7.01 at 19:01 UTC, CoinMarketCap data shows. Ether prices quickly mounted a modest recovery, rising to $7.10 by 19:10 UTC. Yet, ether experienced these price fluctuations amid modest volume, as 24-hour trading volume fluctuated between $13m and $14m when the....
The price of ether extended recent losses this week, falling to its lowest in more than nine months. Over the seven-day period, the blockchain token declined to as little as $5.98 on 6th December, its lowest price since late February. This figure, which beat the previous nine-month low set the previous day, represented a 22.9% decline from the cryptocurrency’s opening price of $7.76 on 3rd December. The continued struggles faced by the digital currency are now translating into frustration for traders and market influencers. "The novelty is wearing off," said Tim Enneking,....
Bitcoin prices fluctuated largely within a tight range between $415 and $425 during the seven days ending 15th April, while the value of ether, the native token on the Ethereum blockchain, declined sharply after weeks of advances. Bitcoin's lack of volatility largely mirrored the last several weeks, when the digital currency was stable across international markets. This stability again took place amid modest volume, as market participants traded just over 11m BTC during the seven days through 9:45 EST on 15th April, according to figures from Bitcoinity. Transaction volume was similar....
The price of bitcoin fell below $200 today for the first time since 18th January. The plunge saw an average low of $198.23, according to the CoinDesk Bitcoin Price Index (BPI), with the largest decline taking place on BTC-e, which saw a low of $192. The price has since recovered from those lows to roughly $203 at press time, though prices in some markets, including BTC-e, remain below $200. According to data from the CoinDesk BPI, the $198 figure is the lowest average price low in the last six months, excluding instances of single-day volatility on individual bitcoin exchanges. The move....
Major decentralized finance (defi) projects fell sharply in October, with token prices tumbling by between 30% and 56%, as money appears to be moving away from the overhyped space and back into bitcoin. According to Coingecko data, Andre Cronje’s Yearn Finance (YFI) fell fastest, crashing 56% to around $10,400 as of Nov. 1, down from $23,800 thirty days earlier. Since Sept. 12, YFI total market capitalization has bled $957 million from a high of $1.27 billion. The asset, whose price peaked at over $43,000 two months ago, currently boasts $312.9 million in market value. Uniswap (UNI),....