Thursday, June 22, 2017
Ethereum flash-crashes to $13 before bouncing back to $296
The red-hot cryptocurrency Ethereum flash-crashed on Wednesday afternoon but has recouped all its losses.
The cryptocurrency tumbled from about $296 to a low of $13 in a matter of minutes. The entire decline cannot be seen on the chart, as it shows the price in one-minute increments and doesn't display every tick.
Ethereum has snapped back to around its pre-flash-crash level. It's up about 3,601% so far in 2017.