Ethereum Dips Below 199.15 Level, Down 11.55%
Investing.com – Ethereum fell bellow the $199.15 level on Monday. Ethereum was trading at 199.15 by 15:54 (19:54 GMT) on the Investing.com Index, down 11.55% on the day. It was the largest one-day percentage loss since September 5.
The move downwards pushed Ethereum’s market cap down to $20.86B, or 10.70% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.
Ethereum had traded in a range of $199.15 to $224.48 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 4.84%. The volume of Ethereum traded in the twenty-four hours to time of writing was $1.85B or 15.44% of the total volume of all cryptocurrencies. It has traded in a range of $169.08 to $259.37 in the past 7 days.
At its current price, Ethereum is still down 86.01% from its all-time high of $1,423.20 set on January 13.
Elsewhere in cryptocurrency trading
Bitcoin was last at $6,269.1 on the Investing.com Index, down 3.75% on the day.
XRP was trading at $0.27036 on the Investing.com Index, a loss of 4.04%.
Bitcoin’s market cap was last at $109.06B or 55.96% of the total cryptocurrency market cap, while XRP’s market cap totaled $10.82B or 5.55% of the total cryptocurrency market value.
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