As shown by CoinDesk's
ether price data, the cryptocurrency's value has fallen since then, and at time of writing is still above $ 700.
Not exact matches
None of the
price data on the Chinese exchanges is being used to calculate the global
prices of bitcoin and
Ether, which now sit at $ 6088 and $ 306 respectively.
After spending two days mostly below its previous high of $ 900,
ether went on a rally Wednesday, and hit its latest milestone of $ 1,000 early Thursday morning, according to
data from CoinDesk's Ethereum
Price Chart (EPI).
According to CoinDesk
data, the
price of
ether is trading at $ 588.32, a decline of about 4 percent since the open.
Elsewhere in the cryptocurrency markets,
ether and litecoin are also seeing positive
price moves, according to CoinMarketCap
data.
Bitcoin
prices suffered an 18.6 % week - over week decline, BPI
data shows, while
ether plunged 32 % during this period, according to Poloniex figures.
One crucial factor affecting
ether's
price is the rise of initial coin offerings (ICOs)- sales of blockchain - linked
data that allow investors to exchange
ether for newly created digital tokens.
Market leader bitcoin has seen its
price value sink lower -LRB--8.45 %) over the last 24 hours, as has Monero -LRB--18 %), Bitcoin Cash -LRB--18 %), Dash -LRB--16.86 %), Litecoin -LRB--12.44 %), Cardano -LRB--11.83 %), IOTA -LRB--10.63 %), NEM -LRB--8.46 %), Stellar Lumens -LRB--7.43 %), Ethereum's
ether -LRB--1.70 %) and many others, according to CoinMarketCap
data.
One factor that coincided with the rise in
ether prices included a decline in the short interest in the ETH / BTC pair, according to
data provided by leveraged digital currency trading platform Whaleclub.
The
price of
ether - the cryptocurrency of the ethereum network - managed to recover later in the session, reaching $ 7.88 at 17:10 UTC, additional Poloniex
data reveals.
Ether prices have fallen below $ 190 across the world's digital currency exchange, according to market
data.
Market
data suggests that the index shift is being spurred by a rise in the
price of bitcoin and declines for some of the world's other major cryptocurrencies, including
ether and XRP.
According to CoinDesk
data, the
price of
ether - the cryptocurrency of the ethereum network - fell to as low as $ 196, with
data provider Ethereumprice.org showing the market's weighted average sliding to $ 195.59 during recent trading.
The last time
ether prices fell below $ 200 was on July 19, available market
data reveals.
OnChain FX's
data matched CoinMarketCap's
prices, yet CoinCap, while still showing declines in
pricing for most of the top 50 crypto - assets, displayed higher
prices for bitcoin,
ether, XRP and bitcoin cash than CoinMarketCap did.