Key facts
- Ether has fallen to its lowest level in over a year.
- Privacy coins are among the assets experiencing significant losses.
- The digital asset market is sustaining heavy losses.
Ether has fallen to its lowest level in over a year as the broader digital asset market continues to sustain heavy losses. The slump follows a gruelling week for cryptocurrencies, with privacy coins also leading the decline. The specific reasons for the intensified slump were not detailed in the provided text, but the trend indicates significant downward pressure across various segments of the crypto market.