© Reuters Ethereum Falls 10.09% In Selloff
Investing.com – was trading at $2,776.05 by 12:11 (11:11 GMT) on the Investing.com Index on Friday, down 10.09% on the day. It was the largest one-day percentage loss since September 24.
The move downwards pushed Ethereum’s market cap down to $327.16B, or 17.72% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $479.29B.
Ethereum had traded in a range of $2,775.83 to $3,158.38 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 19.78%. The volume of Ethereum traded in the twenty-four hours to time of writing was $20.35B or 18.25% of the total volume of all cryptocurrencies. It has traded in a range of $2,659.7112 to $3,539.5015 in the past 7 days.
At its current price, Ethereum is still down 36.42% from its all-time high of $4,366.10 set on May 12.
Elsewhere in cryptocurrency trading
was last at $41,578.2 on the Investing.com Index, down 5.13% on the day.
Tether was trading at $1.0010 on the Investing.com Index, a gain of 0.03%.
Bitcoin’s market cap was last at $784.92B or 42.51% of the total cryptocurrency market cap, while Tether’s market cap totaled $68.65B or 3.72% of the total cryptocurrency market value.
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