Ethereum had a flash crash — here's what happened

in ethereum •  7 years ago 

Digital currency Ethereum experienced a "flash crash" on Wednesday, with the price falling from about $296 to a low of $0.10 in a matter of minutes. Almost as quickly as it collapsed, the price bounced back and, at close to 11.25 a.m. BST (6.25 a.m. ET) on Thursday, Ethereum is trading at $342.02 according to Coindesk.
So what happened?

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ethereum crash.jpg

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