Why Is Ethereum Plunging Today
Ethereum (CRYPTO: ETH) traded 6.96% lower at $1,970.96 over 24 hours. The Vitalik Buterin co-founded cryptocurrency was in the red 25.32% in a seven-day trailing period.
What Happened: ETH followed the broader trend into a decline as the overall cryptocurrency market capitalization fell 6.27% to $1.33 trillion over 24 hours.