Shuli Ren & Tim Culpan, Columnists

Ethereum's Wild Ride Needs to Slow

Price swings may be exciting but are inimical to a currency's widespread adoption.
Photographer: Victor J. Blue/Bloomberg
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The price of ethereum dropped about 20 percent at the height of a selloff in cryptocurrencies Bloomberg Terminalthis week. That's bad news.

What's even worse is that it rebounded as much as 14 percent soon after. There's a word for this kind of fluctuation: volatility.