Ether Drops 12% in a Day, Down 37% Since October 6

Ether Drops 12% in a Day, Down 37% Since October 6

The cryptocurrency faces continued downward pressure, marking a steep decline over the past month amid market volatility.

ETH

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Terms & Concepts
  • Ether: The native cryptocurrency of the Ethereum blockchain, used for transactions, staking, and smart contracts.
  • Smart Contract: Self-executing code on the blockchain that enforces agreements without intermediaries.