The red-hot cryptocurrency Ethereum flash-crashed on Wednesday afternoon but has recouped all its losses.
ADVERTISEMENT
Ethereum flash-crashes to $13 before bouncing back to $296
Ethereum is up 3,601% so far in 2017.
ADVERTISEMENT
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 to around its pre-flash-crash level. It's up about 3,601% so far in 2017.
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT
Recommended articles
The global workforce is set to collapse without Africa
500 millionaires fall off in Kenya - here’s why
Top 10 African countries with the most centi-millionaires in 2024
7 most influential Africans in the world 2024 -TIME
5 African countries with the least expensive freelancers
African billionaires are fleeing their home continent amidst economic downturn
Fear of a new epidemic pushes President Putin to collaborate with Africa
Nigerian chess master to begin 58-hour Guinness World Record attempt at Times Square today