Ethereum Falls 10.18% In Selloff


2023-03-10 16:13:09 – Ethereum was trading at $1,377.13 by 16:12 (10:42 GMT) on the 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 Index, down 8.94% on the day.

Tether was trading at $1.0001 on the 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

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