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April 22, 2021 at 5:00 am UTC · 2 min learn
Ethereum (ETH) noticed probably the most extreme flash crashes that it has seen because the starting of the yr.
The second-largest cryptocurrency by market capitalization noticed its market worth plunge by 18% inside a number of hours, shedding over 400 factors. Its value went from hovering at a excessive of $2,319 to a two-week low of $1,900. The incident appears correlated with a coal and fuel accident in Xinjiang, China, which precipitated an influence outage.
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