a)Ethereum plunged more than 20 percent in Monday trading.
b)Ripple effects from a flash crash on one exchange last week was a driving force behind the drop.
c)Unsubstantiated rumors about the digital currency's founder contributed to the uncertainty.
see this video
http://video.cnbc.com/gallery/?video=3000630254
Here's what sets Ethereum apart from its rival Bitcoin Here's what sets Ethereum apart from its rival Bitcoin
Friday, 23 Jun 2017 | 9:48 AM ET | 02:21
Bitcoin rival ethereum plunged Monday despite a major exchange's efforts to shore up confidence by announcing a credit for customers who lost money during last week's flash crash.
Ethereum, also known as ether, traded 20.9 percent lower at $239.63 Monday afternoon, according to CoinDesk.
Last Wednesday, ethereum briefly plunged in a flash crash from above $300 to 10 cents on Coinbase's GDAX exchange. On Friday, the exchange said it would credit customers who "experienced a margin call or stop loss order" on GDAX during the flash crash.
GDAX reported Monday afternoon, ET, a temporary halt in trading for all products, which was resolved within an hour.
Stabilize and then BOOM! Back to the moon we go. This happens look at past charts. (((Growing pains)))
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