Ethereum Falls 11% In Selloff
Investing.com – Ethereum was trading at $113.30 by 17:26 (22:26 GMT) on the Investing.com Index on Saturday, down 10.60% on the day. It was the largest one-day percentage loss since November 20.
The move downwards pushed Ethereum’s market cap down to $11.68B, or 9.23% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.
Ethereum had traded in a range of $113.29 to $129.34 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 35.21%. The volume of Ethereum traded in the twenty-four hours to time of writing was $1.68B or 13.15% of the total volume of all cryptocurrencies. It has traded in a range of $113.2926 to $182.0708 in the past 7 days.
At its current price, Ethereum is still down 92.04% from its all-time high of $1,423.20 set on January 13.
Elsewhere in cryptocurrency trading
Bitcoin was last at $3,885.1 on the Investing.com Index, down 14.00% on the day.
XRP was trading at $0.37811 on the Investing.com Index, a loss of 9.59%.
Bitcoin’s market cap was last at $67.62B or 53.46% of the total cryptocurrency market cap, while XRP’s market cap totaled $15.17B or 11.99% of the total cryptocurrency market value.