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Ethereum drops 20% in the selloff
Investing.com – listed at $ 494.92 at 03:34 (08:34 GMT) on the Investing.com Index on Thursday, down 20.38% on the day. It was the largest one-day percentage loss since March 12.
The move to the downside pushed Ethereum’s market cap to $ 58.17 billion, or 11.31% 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 $ 486.25 to $ 577.08 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen an increase in value, gaining 8.1%. The volume of Ethereum traded in the twenty-four hours at the time of writing was $ 22.18 billion, or 8.62% 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 65.22% from its all-time high of $ 1,423.20 reached on January 13, 2018.
Elsewhere in cryptocurrency trading
it was last at $ 16,775.5 on the Investing.com Index, down 11.92% on the day.
traded at $ 0.49823 on the Investing.com Index, down 35.25%.
Bitcoin’s market cap was last at $ 322.07 billion or 62.65% of the total cryptocurrency market cap, while XRP’s market cap was $ 23.36 billion or 4, 54% of the total market value of cryptocurrencies.
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