Ethereum Falls 10% In Bearish Trade
Investing.com – was trading at $1,198.04 by 20:48 (01:48 GMT) on the Investing.com Index on Monday, down 10.40% on the day. It was the largest one-day percentage loss since September 5, 2020.
The move downwards pushed Ethereum’s market cap down to $138.33B, or 13.49% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $147.00B.
Ethereum had traded in a range of $1,198.04 to $1,257.30 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 24.87%. The volume of Ethereum traded in the twenty-four hours to time of writing was $39.74B or 21.76% of the total volume of all cryptocurrencies. It has traded in a range of $976.9117 to $1,347.9818 in the past 7 days.
At its current price, Ethereum is still down 15.82% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
was last at $37,016.5 on the Investing.com Index, down 11.23% on the day.
Tether was trading at $1.0001 on the Investing.com Index, a loss of 0.19%.
Bitcoin’s market cap was last at $694.11B or 67.71% of the total cryptocurrency market cap, while Tether’s market cap totaled $24.27B or 2.37% of the total cryptocurrency market value.
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