Ethereum Falls 10.10% In Selloff

Investing.com – Ethereum was trading at $181.32 by 21:54 (01:54 GMT) on the Investing.com Index on Wednesday, down 10.10% on the day. It was the largest one-day percentage loss since September 5.

The move downwards pushed Ethereum’s market cap down to $18.65B, or 9.73% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.

Ethereum had traded in a range of $181.30 to $186.57 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 35.92%. The volume of Ethereum traded in the twenty-four hours to time of writing was $1.54B or 13.71% of the total volume of all cryptocurrencies. It has traded in a range of $177.29 to $234.49 in the past 7 days.

At its current price, Ethereum is still down 87.26% from its all-time high of $1,423.20 set on January 13.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,268.0 on the Investing.com Index, down 1.50% on the day.

XRP was trading at $0.25851 on the Investing.com Index, a loss of 5.92%.

Bitcoin’s market cap was last at $109.02B or 56.90% of the total cryptocurrency market cap, while XRP’s market cap totaled $10.48B or 5.47% of the total cryptocurrency market value.

Related Articles

Two US States Implore Indian Authorities to Seize Property of BitConnect Promoters

IMF Urges Marshall Islands to Reconsider Adopting Digital Currency as Second Legal Tender

Blockchain Gaming Platform Raises $40M to Change Future of Gaming

Original Source