Ethereum Falls 10% In Rout By Investing.com

Investing.com – Ethereum was trading at $3,235.87 by 04:55 (08:55 GMT) on the Investing.com Index on Tuesday, down 10.08% on the day. It was the largest one-day percentage loss since November 9, 2022.

The move downwards pushed Ethereum’s market cap down to $396.62B, or 16.51% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.

Ethereum had traded in a range of $3,235.86 to $3,546.23 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 17.14%. The volume of Ethereum traded in the twenty-four hours to time of writing was $26.51B or 16.08% of the total volume of all cryptocurrencies. It has traded in a range of $3,231.9666 to $4,078.4824 in the past 7 days.

At its current price, Ethereum is still down 33.47% from its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $63,239.3 on the Investing.com Index, down 7.06% on the day.

Tether USDt was trading at $0.9999 on the Investing.com Index, a gain of 0.06%.

Bitcoin’s market cap was last at $1,259.69B or 52.44% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $103.57B or 4.31% of the total cryptocurrency market value.