Ethereum Falls 11% In Selloff By Investing.com

Investing.com – was trading at $1,371.53 by 21:14 (01:14 GMT) on the Investing.com Index on Monday, down 10.83% on the day. It was the largest one-day percentage loss since May 11.

The move downwards pushed Ethereum’s market cap down to $169.70B, or 15.98% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.

Ethereum had traded in a range of $1,371.53 to $1,454.07 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 23.84%. The volume of Ethereum traded in the twenty-four hours to time of writing was $24.89B or 28.01% of the total volume of all cryptocurrencies. It has traded in a range of $1,371.5334 to $1,870.9943 in the past 7 days.

At its current price, Ethereum is still down 71.80% from its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

was last at $26,114.3 on the Investing.com Index, down 7.48% on the day.

was trading at $1.0012 on the Investing.com Index, a gain of 0.08%.

Bitcoin’s market cap was last at $503.05B or 47.38% of the total cryptocurrency market cap, while Tether’s market cap totaled $72.21B or 6.80% of the total cryptocurrency market value.