RATE Group | Ethereum price (ETH/USD) drops below $300 as crypto market falls on Monday
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Ethereum price (ETH/USD) drops below $300 as crypto market falls on Monday

20 Aug Ethereum price (ETH/USD) drops below $300 as crypto market falls on Monday

Posted at 16:14h in Ethereum News by

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Ethereum price (ETH/USD) drops below $300 as crypto market falls on Monday

The Ethereum price (ETH/USD) has slipped below the $300 mark in today’s trading following a downtrend that has been hindering the coin’s performance in the past 24 hours.

The digital currency performed strongly on Friday amid a larger uptrend observed across the cryptocurrency market. The coin gained nearly 10% on the day and finished the session at $315.73. While the coin remained close to this level for most of the Saturday session, it dropped below the $300 mark following a sharp drop in late trading. The following session was largely uneventful, with Ethereum finishing the day at $300.83, slightly higher than its opening level of $295.67.
Ethereum has seen another decline in today’s trading, with its price falling to an intraday low of $286.03 in the early afternoon trading. At the time of writing, the Ethereum price was hovering around $290, according to data from digital currency tracker Coinmarketcap.

Ethereum’s…

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