Ethereum (ETH) declines massively to test the lowest level in over twelve months – Ethereum (ETH) Hits New Yearly Low – Price Analysis of Ethereum – Ethereum (ETH) and Cardano (ADA) New Low Test – ETH / USD Price today

Two digital currencies among the top ten digital currencies in the world by market capitalization are now changing hands to their lowest level for over twelve months. Ethereum (ETH) – the second largest digital currency in the world by market capitalization – reaches its lowest level since last year on Wednesday. Cardano (ADA), the ninth digital currency in the world, also shared this development.

Ethereum Test (ETH) and Cardan (ADA) New Low

At 4:00 pm UTC on Wednesday, the average trading period of the day, the Ethereum value (ETH) fell to the $ 211 level for the first time since July of last year. On the other hand, Cardano (ADA) has fallen to a level not seen since last year.

Ethereum (ETH) Price today – ETH / USD

At the time of writing, Ethereum (ETH) is changing hands to $ 229 after a decrease of around twenty percent in the last twenty-four hours and a decrease in 21 percent in the last seven days. The market capitalization of the digital currency is also reduced to $ 23.32 billion with a trade volume of $ 2.73 billion over the past twenty-four hours.

At the moment, Ethereum is one of the top losing coins in the top ten coins on the market in the last 24 hours. The digital currency has actually lost most of the gains accumulated during last year's bullfight and is now declining by more than 84% from its record high of $ 1,357. At this point, last year, the digital currency was changing hand to $ 337, causing many people to wonder if it was possible for Ethereum (ETH) to bounce.

In the last twenty-four hours, the overall market capitalization of the entire digital currencies market has shrunk by almost $ 30 billion. Like yesterday, the total market capitalization was $ 238.7 billion, at this time it is only slightly more than $ 207 billion.

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