Ether Sees Longest Monthly Losing Streak in Crypto Rout

Ether, the second-largest digital token, slid as much as 28% for February on Friday to $1,746, hitting its lowest intraday price since last April as a months-long rout in cryptocurrency prices deepens.

Ether has posted negative monthly returns since September, and is headed for six consecutive months of losses. January marked its longest such streak since Bloomberg began tracking the token in 2018.