Ethereum Falls 11% In Rout
Investing.com – was trading at $186.30 by 13:05 (17:05 GMT) on the Investing.com Index on Wednesday, down 10.70% on the day. It was the largest one-day percentage loss since July 16.
The move downwards pushed Ethereum’s market cap down to $21.22B, or 7.71% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.
Ethereum had traded in a range of $186.30 to $209.43 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 12.39%. The volume of Ethereum traded in the twenty-four hours to time of writing was $6.22B or 11.24% of the total volume of all cryptocurrencies. It has traded in a range of $106.0144 to $226.1091 in the past 7 days.
At its current price, Ethereum is still down 86.91% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
was last at $10,252.3 on the Investing.com Index, down 5.89% on the day.
was trading at $0.28454 on the Investing.com Index, a loss of 3.75%.
Bitcoin’s market cap was last at $185.86B or 67.50% of the total cryptocurrency market cap, while XRP’s market cap totaled $12.37B or 4.49% of the total cryptocurrency market value.
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