Investing.com – Ethereum was trading at $1,377.13 by 16:12 (10:42 GMT) on the Investing.com Index on Friday, down 10.18% on the day. It was the largest one-day percentage loss since Wednesday, November 9, 2022.
The move downwards pushed Ethereum’s market cap down to $170.03B, or 18.53% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.
Ethereum had traded in a range of $1,371.47 to $1,437.49 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 11.45%. The volume of Ethereum traded in the twenty-four hours to time of writing was $12.03B or 16.80% of the total volume of all cryptocurrencies. It has traded in a range of $1,371.4655 to $1,587.9545 in the past 7 days.
At its current price, Ethereum is still down 71.69% from its all-time high of $4,864.06 set on Wednesday, November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin, was last at $19,716.1 on the Investing.com Index, down 8.94% on the day.
Tether was trading at $1.0001 on the Investing.com Index, a gain of 0.02%.
Bitcoin’s market cap was last at $383.23B or 41.77% of the total cryptocurrency market cap, while Tether’s market cap totaled $71.76B or 7.82% of the total cryptocurrency market value.
#Ethereum #Falls #Selloff
Source by [earlynews24.com]