Ethereum Falls 10% In Bearish Trade By Investing.com

Investing.com – was trading at $1,473.42 by 18:38 (22:38 GMT) on the Investing.com Index on Thursday, down 10.08% on the day. It was the largest one-day percentage loss since August 26.

The move downwards pushed Ethereum’s market cap down to $181.75B, or 18.83% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.

Ethereum had traded in a range of $1,467.17 to $1,653.55 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 9.02%. The volume of Ethereum traded in the twenty-four hours to time of writing was $27.04B or 31.49% of the total volume of all cryptocurrencies. It has traded in a range of $1,467.1658 to $1,788.0985 in the past 7 days.

At its current price, Ethereum is still down 69.71% from its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

was last at $19,723.0 on the Investing.com Index, down 2.80% on the day.

was trading at $1.0001 on the Investing.com Index, a loss of 0.02%.

Bitcoin’s market cap was last at $379.40B or 39.31% of the total cryptocurrency market cap, while Tether’s market cap totaled $67.88B or 7.03% of the total cryptocurrency market value.