HomeMarket AnalysisVolatility Hits Ethereum’s Price – One-Month Low Followed by Quick Increase
Volatility Hits Ethereum’s Price – One-Month Low Followed by Quick Increase Daniel Dob October 25, 2017 Market Analysis eth price volatility
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Volatility is often common for popular digital currencies, but Ethereum is taking things to another level. A couple of hours ago, the ether-dollar (ETH-USD) exchange price managed to fall to US$275, which represents its lowest trading level since the 23rd of September. However, the price quickly recovered and hit US$311 a few hours later.
The last 24 hours of trading have shown an interesting trend for ETH-USD, considering the fact that the trading day started with prices slipping by roughly 3.3% and then quickly regaining all the lost value, all within the span of two hours.
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