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Ethereum Falls 10% In Bea...

(Investing.com) -  Ethereum was trading at $2,362.12 by 23:15 (04:15 GMT) on the Investing....

Ethereum Falls 10% In Bearish Trade

Ethereum Falls 10% In Bearish Trade

(Investing.com) -  Ethereum was trading at $2,362.12 by 23:15 (04:15 GMT) on the Investing.com Index on Thursday, down 10.01% on the day. It was the largest one-day percentage loss since January 21.

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The move downwards pushed Ethereum's market cap down to $286.86B, or 18.08% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $569.58B.

Ethereum had traded in a range of $2,362.12 to $2,592.01 in the previous twenty-four hours.

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Over the past seven days, Ethereum has seen a drop in value, as it lost 21.83%. The volume of Ethereum traded in the twenty-four hours to time of writing was $15.92B or 6.17% of the total volume of all cryptocurrencies.

It has traded in a range of $2,362.1067 to $2,943.1411 in the past 7 days.

At its current price, Ethereum is still down 51.44% from its all-time high of $4,864.06 set on November 10, 2021.

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Elsewhere in cryptocurrency trading

Bitcoin was last at $34,705.7 on the Investing.com Index, down 8.09% on the day.

Tether was trading at $1.0029 on the Investing.com Index, a gain of 0.17%.

Bitcoin's market cap was last at $664.02B or 41.85% of the total cryptocurrency market cap, while Tether's market cap totalled $79.53B or 5.01% of the total cryptocurrency market value.

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