Ethereum Falls 10% In Selloff
Investing.com – was trading at $1,452.04 by 21:04 (02:04 GMT) on the Investing.com Index on Friday, down 10.13% on the day. It was the largest one-day percentage loss since February 23.
The move downwards pushed Ethereum's market cap down to $168.34B, or 11.71% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $225.07B.
Ethereum had traded in a range of $1,452.04 to $1,540.66 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a stagnation in value, as it only moved 0.41%. The volume of Ethereum traded in the twenty-four hours to time of writing was $23.21B or 16.64% of the total volume of all cryptocurrencies. It has traded in a range of $1,294.7914 to $1,653.0430 in the past 7 days.
At its current price, Ethereum is still down 28.85% from its all-time high of $2,040.79 set on February 20.
Elsewhere in cryptocurrency trading
was last at $46,433.3 on the Investing.com Index, down 9.88% on the day.
Tether was trading at $1.0016 on the Investing.com Index, a gain of 0.05%.
Bitcoin's market cap was last at $871.44B or 60.61% of the total cryptocurrency market cap, while Tether's market cap totaled $36.37B or 2.53% of the total cryptocurrency market value.
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