Ethereum Falls 14% In Bearish Trade
Investing.com – Ethereum was trading at $145.37 by 10:06 (15:06 GMT) on the Investing.com Index on Friday, down 14.09% on the day. It was the largest one-day percentage loss since September 24.
The move downwards pushed Ethereum’s market cap down to $15.74B, or 8.07% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.
Ethereum had traded in a range of $139.13 to $163.06 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 20.43%. The volume of Ethereum traded in the twenty-four hours to time of writing was $11.36B or 11.06% of the total volume of all cryptocurrencies. It has traded in a range of $139.1321 to $185.9690 in the past 7 days.
At its current price, Ethereum is still down 89.79% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $7,066.6 on the Investing.com Index, down 10.63% on the day.
XRP was trading at $0.23010 on the Investing.com Index, a loss of 5.33%.
Bitcoin’s market cap was last at $127.40B or 65.34% of the total cryptocurrency market cap, while XRP’s market cap totaled $9.92B or 5.09% of the total cryptocurrency market value.
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