Ethereum Falls 10.02% In Rout

  • Investing.com
  • Cryptocurrency News
Ethereum Falls 10.02% In Rout
Credit: © Reuters.

Investing.com - Ethereum was trading at $1,258.53 by 16:55 (11:25 GMT) on the Investing.com Index on Wednesday, down 10.02% on the day. It was the largest one-day percentage loss since Monday, January 11, 2021.

The move downwards pushed Ethereum's market cap down to $146.26B, or 14.81% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $159.04B.

Ethereum had traded in a range of $1,253.18 to $1,406.56 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 17.66%. The volume of Ethereum traded in the twenty-four hours to time of writing was $46.00B or 32.23% of the total volume of all cryptocurrencies. It has traded in a range of $1,079.1873 to $1,437.4194 in the past 7 days.

At its current price, Ethereum is still down 12.45% from its all-time high of $1,437.42 set on Tuesday, January 19, 2021.

Elsewhere in cryptocurrency trading

Bitcoin , was last at $34,234.4 on the Investing.com Index, down 8.83% on the day.

Tether was trading at $0.9980 on the Investing.com Index, a loss of 0.35%.

Bitcoin's market cap was last at $641.85B or 64.97% of the total cryptocurrency market cap, while Tether's market cap totaled $24.73B or 2.50% of the total cryptocurrency market value.

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