Ethereum Dips Below 271.30 Level, Down 8% By – fell bellow the $271.30 level on Thursday. Ethereum was trading at 271.30 by 10:48 (14:48 GMT) on the Index, down 8.47% on the day. It was the largest one-day percentage loss since June 27.

The move downwards pushed Ethereum’s market cap down to $29.18B, or 9.13% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.

Ethereum had traded in a range of $263.08 to $289.14 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 7.68%. The volume of Ethereum traded in the twenty-four hours to time of writing was $11.88B or 11.26% of the total volume of all cryptocurrencies. It has traded in a range of $263.0831 to $317.9449 in the past 7 days.

At its current price, Ethereum is still down 80.94% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

was last at $11,748.6 on the Index, down 7.01% on the day.

was trading at $0.33449 on the Index, a loss of 13.33%.

Bitcoin’s market cap was last at $209.96B or 65.67% of the total cryptocurrency market cap, while XRP’s market cap totaled $14.33B or 4.48% of the total cryptocurrency market value.

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Crypto Destroyer

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