Global: Ethereum’s Price Briefly Collapsed from $100 to $13 on Coinbase Pro

TNW

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

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