Data on Coinbase showed Ethereum was priced at $1,519.03 ETH to the US dollar at 12:20 pm New York time today, having fallen 11.53% in the past 24 hours.
ETH is well below its all-time high of $4,891.70. In the last week it has fallen by 14.04%.
ETH accounts for 13% of the crypto market and is the second-biggest cryptocurrency in popularity behind Bitcoin.
The circulating supply was 121.1 million ETH.