Ethereum Plunges 30.98% In Selloff

  • by THO
  • 8 months ago
  • news
  • 1

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Investing.com – was trading at $1,026.96 by 12:49 (07:19 GMT) on the Investing.com Index on Monday, down 30.98% on the day. It was the largest one-day percentage loss since Thursday, March 12, 2020.

The move downwards pushed Ethereum’s market cap down to $118.60B, or 13.08% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $147.00B.

Ethereum had traded in a range of $1,016.02 to $1,257.30 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 4.68%. The volume of Ethereum traded in the twenty-four hours to time of writing was $45.84B or 22.46% of the total volume of all cryptocurrencies. It has traded in a range of $976.9117 to $1,347.9818 in the past 7 days.

At its current price, Ethereum is still down 27.84% from its all-time high of $1,423.20 set on Saturday, January 13, 2018.

Elsewhere in cryptocurrency trading

was last at $33,246.4 on the Investing.com Index, down 23.46% on the day.

Tether was trading at $1.0005 on the Investing.com Index, a loss of 0.04%.

Bitcoin’s market cap was last at $615.00B or 67.82% of the total cryptocurrency market cap, while Tether’s market cap totaled $24.21B or 2.67% of the total cryptocurrency market value.

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