Ethereum has dropped almost 20% to $5.88 to the ETH, as investors appear to be "giving up" on the second most popular cryptocurrency. A series of problems, including four hardforks, have left the digital currency in freefall. The price drop comes after a week that saw Bitcoin prices fall by more than 20%. In contrast, ethereum classic rose by 0.14% in the same 24 hour period.
Ethereum has dropped almost 20% to $5.88 to the ETH, as investors appear to be "giving up" on the second most popular cryptocurrency. A series of problems, including four hardforks, have left the digital currency in freefall. In November, one "accidental" hardfork resulted in ethereum's two main clients "losing consensus". In contrast, ethereum classic rose by 0.14% in the same 24 hour period.