Ripple News

Ethereum Tumbles 20% In Bearish Trade – Ethereum was trading at $224.02 by 20:06 (00:06 GMT) on the Index on Monday, down 20.15% on the day. It was the largest one-day percentage loss since December 22, 2017.

The move downwards pushed Ethereum’s market cap down to $24.32B, or 8.72% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.

Ethereum had traded in a range of $223.98 to $226.66 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 25.61%. The volume of Ethereum traded in the twenty-four hours to time of writing was $8.58B or 11.96% of the total volume of all cryptocurrencies. It has traded in a range of $223.9501 to $317.9449 in the past 7 days.

At its current price, Ethereum is still down 84.26% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $10,114.0 on the Index, down 12.37% on the day.

XRP was trading at $0.30064 on the Index, a loss of 10.45%.

Bitcoin’s market cap was last at $182.66B or 65.50% of the total cryptocurrency market cap, while XRP’s market cap totaled $13.05B or 4.68% of the total cryptocurrency market value.

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