ETH falls to 13-month low on Zcash bug news and Bitcoin drop to sub-$60K: Is $1.4K next?
60-second summary
The Ethereum price plummeted to a 13-month low as a vulnerability in Zcash emerged and Bitcoin dropped below $60,000, its lowest point in months. Ethereum's price crashed below $1,600, sparking fears of a potential decline to $1.4K. Market sentiment is volatile, with investors closely watching the situation, potentially leading to further cryptocurrency price fluctuations.
ETH price crashed below $1,600 as a vulnerability in Zcash emerged and Bitcoin sold off below $60,000 for the first time in months.