<p>Red-hot cryptocurrency ethereum flash crashed on Wedneday afternoon, but has recouped all of those losses. The cryptocurrecny tumbled from about $296 a coin to a low of $13 in a matter of minutes. The entire decline cannot be seen on the chart because it is a one-minute chart, and doesn't display every tick. It has snapped back up to it's pre-flash crash level. Ethereum is up about 3,601% so far in 2017. </p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/594acf20114ab6bd008b48d8-1299/screen shot 2017-06-21 at 35210 pm.png" alt="Ethereum" data-mce-source="Investing.com" data-link="https://www.investing.com/currencies/eth-usd" /><p class="source"><span><a href="https://www.investing.com/currencies/eth-usd">Investing.com</a></span></p></div><p></p></div></div></p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/gregory-daco-issues-trump-needs-address-boost-economy-2017-6">An economist explains the key issues that Trump needs to address to boost the economy</a></h3>        <div>            <div>    <script src="http://player.ooyala.com/v3/6e12e8b3387a44daacfb73afba25a76e"></script>    <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="xkcXFqYjE6sVKakH5MFT0KKcmvjxCoYz" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>    <script>    if (typeof RunFunctions === 'undefined') { var RunFunctions = []; }     RunFunctions.push(function()    {         var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'xkcXFqYjE6sVKakH5MFT0KKcmvjxCoYz',{ autoplay: 'false' });     });    </script>    <noscript><div>Please enable Javascript to watch this video</div></noscript></div>        </div>        <script>(function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }()); </script>    </div>

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

Red-hot cryptocurrency ethereum flash crashed on Wedneday afternoon, but has recouped all of those losses. The cryptocurrecny tumbled from about $296 a coin to a low of $13 in a matter of minutes. The entire decline cannot be seen on the chart because it is a one-minute chart, and doesn't display every tick. It has snapped back up to it's pre-flash crash level. Ethereum is up about 3,601% so far in 2017. Investing.com NOW WATCH: An economist explains the key issues that Trump needs to address to boost the economy if (typeof RunFunctions === 'undefined') { var RunFunctions = []; } RunFunctions.push(function() { var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'xkcXFqYjE6sVKakH5MFT0KKcmvjxCoYz',{ autoplay: 'false' }); }); Please enable Javascript to watch this video (function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }());

Red-hot cryptocurrency ethereum flash crashed on Wedneday afternoon, but has recouped all of those losses. The cryptocurrecny tumbled from about $296 a coin to a low of $13 in a matter of minutes.

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

Jonathan Garber

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