Ethereum Falls 10% In Bearish Trade
Investing.com - Ethereum was trading at $238.09 by 21:09 (02:09 GMT) on the Investing.com Index on Wednesday, down 10.11% 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 $26.48B, or 9.83% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.
Ethereum had traded in a range of $238.09 to $250.05 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 13.93%. The volume of Ethereum traded in the twenty-four hours to time of writing was $22.30B or 14.01% of the total volume of all cryptocurrencies. It has traded in a range of $238.0932 to $276.8061 in the past 7 days.
At its current price, Ethereum is still down 83.27% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $9,177.7 on the Investing.com Index, down 4.63% on the day.
XRP was trading at $0.23697 on the Investing.com Index, a loss of 13.04%.
Bitcoin's market cap was last at $168.46B or 62.56% of the total cryptocurrency market cap, while XRP's market cap totaled $10.70B or 3.98% of the total cryptocurrency market value.
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