Bitcoin’s selloff eased on 8 September, offering some respite to holders of the volatile cryptocurrency after a flash crash a day earlier erased billions of dollars in its value.

The largest cryptocurrency by market value edged 1% lower from its 5pm ET level on Tuesday to trade at about $46,287, according to CoinDesk. It briefly dropped 17% over the course of a few minutes on 7 September, and ended the day down about 10%.