
Ethereum Dips Below 299.08 Level, Down 16%

Investing.com – fell bellow the $299.08 level on Thursday. Ethereum was trading at 299.08 by 12:22 (16:22 GMT) on the Investing.com Index, down 15.83% on the day. It was the largest one-day percentage loss since February 24.
The move downwards pushed Ethereum’s market cap down to $32.21B, or 9.71% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.
Ethereum had traded in a range of $298.90 to $345.83 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 12.2%. The volume of Ethereum traded in the twenty-four hours to time of writing was $15.40B or 11.46% of the total volume of all cryptocurrencies. It has traded in a range of $271.4532 to $364.8898 in the past 7 days.
At its current price, Ethereum is still down 78.99% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
was last at $11,183.5 on the Investing.com Index, down 15.09% on the day.
was trading at $0.40965 on the Investing.com Index, a loss of 19.62%.
Bitcoin’s market cap was last at $204.49B or 61.66% of the total cryptocurrency market cap, while XRP’s market cap totaled $17.74B or 5.35% of the total cryptocurrency market value.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Source: investing.com
View original post