(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.
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.
|Top THREE Award-Winning Brokers in 2022
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.
|Exposed In 2022
What is the most accurate trading indicator?
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.