Ether’s price in Bitcoin terms has also fallen to its lowest level since April 2021.
The price of Ether tumbled 6% in the last 24 hours amid crypto market jitters, falling from an intraday high of $2,425 on Sept. 15 to bottom out at $2,260 on Sept. 16.
The asset briefly dropped below $2,200 during the flash crashes of Aug. 5 and Sept. 7, and it is now back at levels not seen since January.
Meanwhile, the broader crypto market has retreated 4.5%, with total capitalization sinking back to $2.12 trillion, though Ether (ETH) has taken the brunt of the pain.
