Ethereum Falls 10% In Rout
Investing.com – was trading at $3,534.87 by 10:50 (14:50 GMT) on the Investing.com Index on Tuesday, down 10.28% on the day. It was the largest one-day percentage loss since June 21.
The move downwards pushed Ethereum’s market cap down to $429.82B, or 19.27% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $479.29B.
Ethereum had traded in a range of $3,514.60 to $3,945.79 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 7.03%. The volume of Ethereum traded in the twenty-four hours to time of writing was $23.82B or 14.64% of the total volume of all cryptocurrencies. It has traded in a range of $3,384.8164 to $4,024.8867 in the past 7 days.
At its current price, Ethereum is still down 19.04% from its all-time high of $4,366.10 set on May 12.
Elsewhere in cryptocurrency trading
was last at $48,659.6 on the Investing.com Index, down 5.90% on the day.
was trading at $2.3878 on the Investing.com Index, a loss of 16.45%.
Bitcoin’s market cap was last at $939.30B or 42.11% of the total cryptocurrency market cap, while Cardano’s market cap totaled $82.21B or 3.69% of the total cryptocurrency market value.
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