• Ethereum’s price slipped below $200 for the first time since May 30, continuing its fall for a second consecutive session on Tuesday.
  • The cryptocurrency has now fallen more than 50 percent since registering all-time highs of over $400 in early June.
  • The cryptocurrency saw significant fluctuations throughout the trading session on Tuesday, recovering from heavy losses in early morning deals to trade 11 percent lower at $198.14 shortly before 4 p.m. London time.
  • Both ethereum and bitcoin have hit record highs in recent months, with the latter moving almost 1 percent higher on Tuesday trading at $2,393, according to Coindesk.
  • Like bitcoin, ethereum is a cryptocurrency built on blockchain technology.

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@modern_rock: “Digital currency Ethereum crashes below $200 to hit 40-day low; down 50 percent since all-time high” open tweet »

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