Ethereum Falls 10% In Selloff
Investing.com – was trading at $1,504.79 by 11:17 (16:17 GMT) on the Investing.com Index on Sunday, down 10.08% on the day. It was the largest one-day percentage loss since February 7.
The move downwards pushed Ethereum’s market cap down to $175.34B, or 15.29% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $196.55B.
Ethereum had traded in a range of $1,504.24 to $1,692.29 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 14.57%. The volume of Ethereum traded in the twenty-four hours to time of writing was $35.39B or 21.82% of the total volume of all cryptocurrencies. It has traded in a range of $1,272.0901 to $1,760.0939 in the past 7 days.
At its current price, Ethereum is still down 14.51% from its all-time high of $1,760.09 set on February 5.
Elsewhere in cryptocurrency trading
was last at $37,464.6 on the Investing.com Index, down 8.03% on the day.
Tether was trading at $1.0002 on the Investing.com Index, a loss of 0.17%.
Bitcoin’s market cap was last at $704.82B or 61.47% of the total cryptocurrency market cap, while Tether’s market cap totaled $28.63B or 2.50% of the total cryptocurrency market value.
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