Ethereum and Ripple Price Plummeted to a 4-Month Low

Ethereum and Ripple

Ethereum (ETH) and Ripple (XRP) price slumped to a four-month low today, amid a broader selloff in cryptocurrency markets. The total market capitalization dropped more than 60% in the past three months after regulators and analyst declared it a speculative and risky investment that could result in complete losses.

Ethereum, the second largest cryptocurrency, trades in the range of $410 at present – the lowest level in the past four months. Ethereum price declined more than 23% in the last seven days, down almost 45% in the previous month alone. The previous low for the largest ...

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