© Reuters. Ethereum Plunges 31% In Selloff
Investing.com – was trading at $1,026.96 by 02:19 (07:19 GMT) on the Investing.com Index on Monday, down 30.98% on the day. It was the largest one-day percentage loss since March 12, 2020.
The move downwards pushed Ethereum’s market cap down to $118.60B, or 13.08% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $147.00B.
Ethereum had traded in a range of $1,016.02 to $1,257.30 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 4.68%. The volume of Ethereum traded in the twenty-four hours to time of writing was $45.84B or 22.46% of the total volume of all cryptocurrencies. It has traded in a range of $976.9117 to $1,347.9818 in the past 7 days.
At its current price, Ethereum is still down 27.84% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
was last at $33,173.9 on the Investing.com Index, down 23.46% on the day.
Tether was trading at $1.0007 on the Investing.com Index, a loss of 0.04%.
Bitcoin’s market cap was last at $615.00B or 67.82% of the total cryptocurrency market cap, while Tether’s market cap totaled $24.21B or 2.67% of the total cryptocurrency market value.
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