Ethereum Tumbles 17%, Investors Blame It On An ICO Sell-Off

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In today’s crypto market drop-off, a majority of cryptocurrencies posted horrendous losses, including Ethereum, which fell further than many of its altcoin brethren. This came to the surprise of many, as Ethereum is normally a force to be reckoned with in ‘normal’ market conditions.Ethereum Moves Under $300 For The First Time In 9 MonthsOver its relatively short history, Ethereum has grown to become the 2nd most valuable cryptocurrency, becoming the platform of choice for cryptocurrency projects, and dApp developers.  Despite the fact that Ethereum has cemented itself as a leader in this flowering market, this has not made it vulnerable to devastating price crashes, such as the one seen on Monday.As users turned on their computers on Monday morning, it quickly became apparent that something was amok, with the market reestablishing year-to-date lows. While Bitcoin already had it worse enough, it clearly became apparent that some cryptocurrencies were under-performing others. As the day