The price of the currency, the currency used on the Ethereum platform, fell yesterday to below $ 200. The last time this was happening was on May 30, 2017.
Throughout the day, the smallest listed list was $ 192.22. According to statistics provided by CoinMarketCap, this is also the lowest price recorded in digital currency over the past 40 days.
By the time the article was written, the ether had managed to recover a little, up to the $ 230 quote. The $ 192 price, however, represents a 50% depreciation over the $ 400 record for a record, registered in early June. At that time, users seemed more attracted to the prospects offered by the platform, given the press exposure enjoyed by Ethereum.
Even if it suffered a sharp depreciation against the dollar, Cryptomonda's price is substantially higher than in the beginning of the year. Given that an Ethernet bill cost January 1, $ 8, the increase is 2500%. While crippleda is struggling with the bitcoin for supremacy on the cripto market, as some analysts anticipate, traders are looking at the future with optimism.
They regard the ether as a rare cryptotype, which has strengthened its viability and prospects through the possibility of issuing new charts. The decline of ether, which had reached 17% below the day, coincided with a global decline in the whole market.
By the time the article was written, the value of all the cryptosuits in circulation was 80 billion dollars. It dropped against a total of 100 billion, registered last week. This value is the lowest recorded since the end of May and today.
The most affected digital currencies in Top 10 are ripple, ethereum classic, dash, IOTA and NEM.