Ethereum Falls 10% In Selloff

Fibo Quantum – Ethereum was trading at $217.78 by 21:10 (02:10 GMT) on the Index on Thursday, down 10.34% on the day. It was the largest one-day percentage loss since September 24, 2019.

The move downwards pushed Ethereum’s market cap down to $23.94B, or 9.51% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.

Ethereum had traded in a range of $210.36 to $224.52 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 17.33%. The volume of Ethereum traded in the twenty-four hours to time of writing was $26.81B or 13.75% of the total volume of all cryptocurrencies. It has traded in a range of $210.3620 to $276.8061 in the past 7 days.

At its current price, Ethereum is still down 84.70% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $8,687.1 on the Index, down 6.12% on the day.

XRP was trading at $0.22893 on the Index, a loss of 6.14%.

Bitcoin’s market cap was last at $158.24B or 62.85% of the total cryptocurrency market cap, while XRP’s market cap totaled $10.04B or 3.99% of the total cryptocurrency market value.

Related Articles

Cardano Falls 11% In Rout

Litecoin Falls 15% In Selloff

Presumed Guilty: Financial Watchdogs See Crypto as Illicit by Default