Ethereum Falls 11% In Selloff

Published by Cyber Flows on – Ethereum was trading at $113.30 by 17:26 (22:26 GMT) on the 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 Index, down 14.00% on the day.

XRP was trading at $0.37811 on the 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.


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