Above $300: Ether Price Clocks 10-Month High
The price of ethereum’s native cryptocurrency ether surpassed $300 today to hit ten-month highs.
Ether is down significantly from record highs and the majority of its holders are losing money on their investments.
As bitcoin and ether prices fell below technically significant levels, some traders are citing fear emanating from a report about the alleged PlusToken Ponzi scheme as the reason for the plunge
Upbit said users will need to create new wallet addresses to resume trading.
Ethereum's native cryptocurrency is reporting a slight monthly gain, outperforming bitcoin's double-digit price slide by a big margin.
Ether, the native cryptocurrency of ethereum, has just logged its longest daily run of price gains in nearly four months.