Ethereum crashed to $13 and bounced back to $296

Red-hot cryptocurrency ethereum flash-crashed in US trade, but has recouped all of those losses.

The cryptocurrency tumbled from about $US296 a coin to a low of $US13 in a matter of minutes.

The entire decline cannot be seen on the chart, as it shows the price in one-minute increments, and doesn’t display every tick.

Ethereum has snapped back up to around its pre-flash crash level. Ethereum is up about 3,601% so far in 2017.

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