© Reuters Ethereum Falls 10% In Selloff
Investing.com – was trading at $4,077.46 by 23:36 (04:36 GMT) on the Investing.com Index on Saturday, down 10.05% on the day. It was the largest one-day percentage loss since November 26.
The move downwards pushed Ethereum’s market cap down to $486.63B, or 20.26% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.
Ethereum had traded in a range of $4,057.66 to $4,237.56 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a stagnation in value, as it only moved 0.74%. The volume of Ethereum traded in the twenty-four hours to time of writing was $27.04B or 19.47% of the total volume of all cryptocurrencies. It has traded in a range of $3,980.2363 to $4,778.1426 in the past 7 days.
At its current price, Ethereum is still down 16.17% from its all-time high of $4,864.06 set on November 10.
Elsewhere in cryptocurrency trading
was last at $52,212.6 on the Investing.com Index, down 7.75% on the day.
was trading at $571.99 on the Investing.com Index, a loss of 7.13%.
Bitcoin’s market cap was last at $991.71B or 41.28% of the total cryptocurrency market cap, while Binance Coin’s market cap totaled $96.20B or 4.00% of the total cryptocurrency market value.
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