17 of 20 top coins down, Ethereum at $2,380: where the sell-off is measured

2 weeks ago 16



The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Ether loses 5.41 percent over 24 hours and falls to a daily low of $2,332.43. Our own count of the 25 largest cryptocurrencies shows how broadly the sell-off really carries.Ether trades at $2,380.17, which is 5.41 percent below the level of 24 hours ago. The low of the day was $2,332.43, the high $2,524.82. The 2,400 mark the price had been orienting itself around for days has therefore been broken on the downside. Converted, you pay 2,122.21 euros for one Ether. What matters for placing this is not the single price but the breadth: if only Ether falls, the cause lies with the network itself. If almost everything falls, a common cause from outside is at work. That is exactly what this editorial team counted today, and the result is unambiguous. Ether falls to $2,332: the day's range comes to 7.62 percent Between the high and the low of the day lie $192.39. Measured against the high, that is 7.62 percent of swing within a single day. If you hold Ether, that means two things. Firs...

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