Ethereum Market Report: ETH/BTC Crashes To 2016 Low
Ether is up 0.72% on the day, down -34.44% on the week and down -46.87% on the month on a last price of 0.01628755. ETH/BTC is trading between a 24hr high of 0.01680204 and a 24hr low of 0.01370000, in a weekly down trend.
|last price||$ 11.88|
|one week ago||$ 14.19|
The negative press often seen with bitcoin finally hit the darling child of the crypto industry as the price of ether crashed on negative news about TheDAO hack. With approximately $150 million (in ether) invested in TheDAO, the price of ether was strongly affected by the negative DAO news and resulting fallout.
June 17 2016 saw 4,687,519 ether change hands. The price bottomed out to a new 2016 low of 0.01243657. In the last couple of days we have seen a resurgence to post crash high of 0.01795997.
At a current asset value of ~$11.88 ether has lost -46.87% on the month.
Price change is the percentage change within the period:
Poloniex is the data source for this market report.
Market capitalization is the total $US dollar value of the Ether market calculated using the formula:
|Market cap||Available supply||Last price|
|$ 964,825,147||81214238||$ 11.88|
Daily High Low
The weekly trend is down.
Support is the lowest price within the period:
Resistance is the highest price within the period:
The data source Poloniex offers margin trading on this digital asset.
Range is the difference in price within the period:
Market sentiment is bearish.
Ether is up 0.72% on the day, down -34.44% on the week and down -46.87% on the month. The weekly trend is down. ETH/BTC saw weekly support at 0.01243657 and weekly resistance at 0.02809900. Market sentiment is bearish.
Past history is NOT an indicator of future results. Read the legal disclaimer:
This report was printed on Monday June 20 2016 19:46 hours UTC. Contact KittyBitcoin to request custom reports.
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