Bitcoin, Ether Lead Digital Currency Slide From Highs

in tech •  7 years ago  (edited)

Bitcoin declined as much as 17 percent, while smaller competitor ether continued to slide after experiencing a “flash crash” last week, raising concern about mainstream acceptance of the digital currencies.Capture.PNG

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Here's some statistics:

ETH recent high 420, low 206.50 == Decline of 50.8% (Coinbase)

BTC recent high 2,999.90, low 2050 == Decline of 31.6% (Coinbase)

Coins with a lower notional value per unit tend to be more volatile. ETH seems to be pausing here, but there is a possibility that it will visit the nearby support of 180's.

Wow