Ether erases gains from Jackson Hole rally after hitting a fresh record over the weekend
Ether is pulling back to start the week, after hitting a fresh record over the weekend. The price of the second largest cryptocurrency fell 6% to $4,548.32 on Monday, according to Coin Metrics. On Sunday, it rose to a fresh record of $4,954.81, after hitting an earlier all-time high Friday for the first time since 2021. Meanwhile, bitcoin was last lower by more than 1% at $111,501.74. Over the weekend, it dropped to $110,779.01, its lowest level since July 10. The flagship cryptocurrency hit i