Ethereum Falls 10.14% In Selloff

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Ethereum Falls 10.14% In Selloff

Investing.com - Ethereum was trading at $4,073.18 by 10:13 (04:43 GMT) on the Investing.com Index on Saturday, down 10.14% on the day. It was the largest one-day percentage loss since Friday, November 26, 2021.

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 16.26% from its all-time high of $4,864.06 set on Wednesday, November 10, 2021.

Elsewhere in cryptocurrency trading

Bitcoin , was last at $52,048.0 on the Investing.com Index, down 8.03% on the day.

Binance Coin was trading at $570.11 on the Investing.com Index, a loss of 7.43%.

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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