Investing.com – was trading at $1,051.54 by 19:28 (00:28 GMT) on the Investing.com Index on Friday, down 31.00% on the day. It was the largest one-day percentage loss since March 12, 2020.
The move downwards pushed Ethereum’s market cap down to $123.16B, or 14.20% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $159.04B.
Ethereum had traded in a range of $1,051.54 to $1,122.79 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 10.77%. The volume of Ethereum traded in the twenty-four hours to time of writing was $45.95B or 28.61% of the total volume of all cryptocurrencies. It has traded in a range of $1,051.1312 to $1,437.4194 in the past 7 days.
At its current price, Ethereum is still down 26.85% from its all-time high of $1,437.42 set on January 19.
Elsewhere in cryptocurrency trading
was last at $29,428.5 on the Investing.com Index, down 17.69% on the day.
Tether was trading at $1.0012 on the Investing.com Index, a gain of 0.03%.
Bitcoin’s market cap was last at $560.70B or 64.63% of the total cryptocurrency market cap, while Tether’s market cap totaled $24.72B or 2.85% of the total cryptocurrency market value.
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