The price of ether, the token that powers the ethereum network, fell to 19-month lows just over $80 on Friday.
Ether’s dollar-denominated exchange rate () slipped to $81.30 at 02:15 UTC – the lowest level since May 2, 2017 – according to CoinDesk’s Price Index (EPI).
As of writing, ETH is trading at $83.00, representing a 17.8 percent drop on a 24-hour basis. Just three weeks ago, it was teasing a short-term bullish reversal above $200.
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