The price of Ethereum, cryptocurrency, which ranks second in size of capitalization, on Monday, August 13 fell to a new low.
At 16:50 UTC, the price had fallen below $300 USD for the first time since November 12, 2017.
At the moment, the ETH is trading around 291 USD. The fall over the past day amounted to about 9.6% and in the last seven days by 28.33 percent. Capitalization during this period also fell by more than $ 10 billion.
Compared to the high prices in 1337 dollars, the drop was 78%.
It should be noted that Ethereum is not the only cryptocurrency the price of which dropped on Monday. EOS, bitcoin cash and cardano also fell more than 5% in recent days.