Ethereum Falls 10% In Bearish Trade
Investing.com – was trading at $403.53 by 08:28 (12:28 GMT) on the Investing.com Index on Thursday, down 10.10% on the day. It was the largest one-day percentage loss since May 10.
The move downwards pushed Ethereum’s market cap down to $46.87B, or 12.95% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.
Ethereum had traded in a range of $402.47 to $466.40 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 8.43%. The volume of Ethereum traded in the twenty-four hours to time of writing was $17.68B or 14.26% of the total volume of all cryptocurrencies. It has traded in a range of $379.7952 to $488.2359 in the past 7 days.
At its current price, Ethereum is still down 71.65% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
was last at $10,693.7 on the Investing.com Index, down 6.67% on the day.
Tether was trading at $1.0012 on the Investing.com Index, a loss of 0.01%.
Bitcoin’s market cap was last at $205.00B or 56.63% of the total cryptocurrency market cap, while Tether’s market cap totaled $13.68B or 3.78% of the total cryptocurrency market value.
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