Bitcoin News

Ethereum Dips Below 279.60 Level, Down 3% – fell bellow the $279.60 level on Tuesday. Ethereum was trading at 279.60 by 09:54 (13:54 GMT) on the Index, down 2.83% on the day. It was the largest one-day percentage loss since July 2.

The move downwards pushed Ethereum’s market cap down to $29.68B, or 10.14% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.

Ethereum had traded in a range of $273.07 to $297.00 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 10.72%. The volume of Ethereum traded in the twenty-four hours to time of writing was $10.71B or 11.30% of the total volume of all cryptocurrencies. It has traded in a range of $273.0729 to $364.8898 in the past 7 days.

At its current price, Ethereum is still down 80.35% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

was last at $9,966.8 on the Index, down 6.16% on the day.

was trading at $0.39030 on the Index, a loss of 2.17%.

Bitcoin’s market cap was last at $176.61B or 60.33% of the total cryptocurrency market cap, while XRP’s market cap totaled $16.53B or 5.65% of the total cryptocurrency market value.

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