Ethereum slumps 22% by


© Reuters. Ethereum falls 22% en route – listed at $ 489.43 at 03:34 (08:34 GMT) on the Index on Thursday, down 21.73% 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 65.61% from its all-time high of $ 1,423.20 reached on January 13, 2018.

Elsewhere in cryptocurrency trading

it was last at $ 16,783.7 on the Index, down 13.95% on the day.

traded at $ 0.50143 on the Index, down 34.39%.

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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