Another day, another mad cryptocurrency anomaly. For a brief moment, the price of Ethereum on Coinbase Pro (formerly known as GDAX) collapsed from almost $100 down to a measly $13. The incident took place at around 6 AM UTC. Since then, the price of Ethereum – the third largest cryptocurrency by market cap after Bitcoin and Ripple – has bounced back to an average trading rate of about $97.
image via Shutterstock