Ethereum plunges 30.01% into Rout


© Reuters. – was trading at $ 220.57 for 20:20 (00:20 GMT) on the index on Thursday, down 30.01% on the day. It was the biggest percentage loss of an absolute day.

The downward move has pushed the market capitalization of Ethereum to 23.35 billion dollars, equal to 11.10% of the total capital cap of cryptocurrency. At its maximum, the market capitalization of Ethereum was $ 135.58 billion.

Ethereum had traded in a range of $ 220.28 to $ 230.16 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a decline in value, it has lost 20.7%. The volume of Ethereum traded in the twenty-four hours at the time of writing was $ 2.40 billion or 13.34% of the total volume of all cryptocurrencies. It traded in a range of $ 220.28 to $ 301.92 in the last 7 days.

At the current price, Ethereum is still down 84.50% from its record high of $ 1,423.20 established on January 13th.

Elsewhere in cryptocurrency trading

was the last at $ 6,565.9 on the Index, down 12.33% on the day.

The XRP was trading at $ 0.27432 on the Index, a loss of 21.61%.

Bitcoin capitalization was last at $ 116.24B or 55.27% of total cryptocurrency capitalization, while XRP's market capitalization totaled $ 11.28B or 5.36% of total market value of cryptocurrency.

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