Ethereum Tumbles 21% In Rout
Investing.com – Ethereum was trading at $171.55 by 14:56 (18:56 GMT) on the Investing.com Index on Tuesday, down 20.97% on the day. It was the largest one-day percentage loss since March 18, 2017.
The move downwards pushed Ethereum’s market cap down to $19.55B, or 7.96% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.
Ethereum had traded in a range of $171.39 to $202.97 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 12.6%. The volume of Ethereum traded in the twenty-four hours to time of writing was $9.24B or 13.49% of the total volume of all cryptocurrencies. It has traded in a range of $171.3859 to $223.3548 in the past 7 days.
At its current price, Ethereum is still down 87.95% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $8,758.7 on the Investing.com Index, down 12.29% on the day.
XRP was trading at $0.24920 on the Investing.com Index, a loss of 12.40%.
Bitcoin’s market cap was last at $165.32B or 67.29% of the total cryptocurrency market cap, while XRP’s market cap totaled $11.15B or 4.54% of the total cryptocurrency market value.
Source: investing.com
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