Ethereum slid by 6.06% on Wednesday. Following on from a 0.63% decline on Tuesday, Ethereum ended the day at $568.79.
A mixed start to the day saw Ethereum fall from an intraday high $606.49 to a mid-morning low $579.35 before finding support.
Ethereum fell through the first major support level at $588.83 before a move back through to $600 levels by late morning.
Falling short of the first major resistance level at $622.6, however, Ethereum slid to a late intraday low $554.00.