Ethereum plunges to its lowest level in 11 months

Ethereum plunged as much as 17% Monday, sinking to a low of $285.14 per token, it's lowest price since September 2017.
Other major cryptocurrencies, like the flagship bitcoin and Ripple's XRP, also saw significant selling and were down about 1% and 5%, respectively.
Ethereum is closely intertwined with initial coin offerings (ICOs). Over the past year,those thousands of fundraisers propped up the price of ethereum. Monday's decline comes as many of those projects cash out of the b