Ethereum Falls 10% In Selloff

Investing.com – Ethereum was trading at $157.43 by 12:01 (16:01 GMT) on the Investing.com Index on Wednesday, down 10.13% on the day. It was the largest one-day percentage loss since September 24.

The move downwards pushed Ethereum’s market cap down to $17.32B, or 8.31% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.

Ethereum had traded in a range of $157.43 to $171.61 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 8.98%. The volume of Ethereum traded in the twenty-four hours to time of writing was $8.85B or 12.55% of the total volume of all cryptocurrencies. It has traded in a range of $157.4338 to $178.3349 in the past 7 days.

At its current price, Ethereum is still down 88.94% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $7,402.3 on the Investing.com Index, down 10.98% on the day.

XRP was trading at $0.26459 on the Investing.com Index, a loss of 11.24%.

Bitcoin’s market cap was last at $135.35B or 64.96% of the total cryptocurrency market cap, while XRP’s market cap totaled $11.74B or 5.64% of the total cryptocurrency market value.

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