Ethereum Falls 10.75% In Rout
Investing.com – was trading at $1,080.93 by 02:46 (02:46 GMT) on the Investing.com Index on Friday, down 10.75% on the day. It was the largest one-day percentage loss since January 8.
The move downwards pushed Ethereum’s market cap down to $124.08B, or 12.47% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $139.12B.
Ethereum had traded in a range of $1,069.25 to $1,230.75 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 45.34%. The volume of Ethereum traded in the twenty-four hours to time of writing was $40.60B or 22.84% of the total volume of all cryptocurrencies. It has traded in a range of $715.1451 to $1,286.8070 in the past 7 days.
At its current price, Ethereum is still down 24.05% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
was last at $37,034.5 on the Investing.com Index, up 0.17% on the day.
Tether was trading at $0.9993 on the Investing.com Index, a loss of 0.11%.
Bitcoin’s market cap was last at $691.14B or 69.48% of the total cryptocurrency market cap, while Tether’s market cap totaled $23.46B or 2.36% of the total cryptocurrency market value.
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