Ethereum’s price briefly collapsed from $100 to $13 on Coinbase Pro







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 its usual trading rate of about $97. Indeed, it only took moments before its value climbed back from $13 to $97. For the record, it appears that the anomaly solely affected the Ethereum price on Coinbase Pro’s USDC…

This story continues at The Next Web


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