Finance: Ethereum flash crashes to $13 before bouncing back to $296

Ethereum is up 3,601% so far in 2017.

Red-hot cryptocurrency ethereum flash-crashed on Wednesday afternoon, but has recouped all of those losses. The cryptocurrency tumbled from about $296 to a low of $13 in a matter of minutes. The entire decline cannot be seen on the chart, as it shows the price in one-minute increments, and doesn't display every tick. Ethereum has snapped back up to around its pre-flash crash level. Ethereum is up about 3,601% so far in 2017.

Ethereum is up 3,601% so far in 2017. Read Full Story