© Reuters Ethereum drops 10% in selloff
Investing.com – listed at $ 539.98 at 22:11 (03:11 GMT) on the Investing.com Index on Thursday, down 10.01% on the day. It was the largest one-day percentage loss since September 5th.
The move to the downside pushed Ethereum’s market cap to $ 62.31 billion, which is 11.40% of the total cryptocurrency market cap. At its peak, Ethereum’s market cap was $ 135.58 billion.
Ethereum had been trading in a range of $ 537.93 to $ 577.08 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen an increase in value, gaining 14.48%. The volume of Ethereum traded in the twenty-four hours at the time of writing was $ 20.77 billion, which is 9.17% of the total volume of all cryptocurrencies. It has been trading in a range of $ 471.0629 to $ 621.7030 for the past 7 days.
At its current price, Ethereum is still down 62.06% from its all-time high of $ 1,423.20 reached on January 13, 2018.
Elsewhere in cryptocurrency trading
it was last at $ 18,108.1 on the Investing.com Index, down 4.70% on the day.
traded at $ 0.60010 on the Investing.com Index, down 7.74%.
The market capitalization of Bitcoin was last at $ 338.72 billion or 61.97% of the total market capitalization of cryptocurrencies, while the market capitalization of XRP amounted to $ 27.60 billion or 5.05% of the total market value of cryptocurrencies.
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