Ethereum
Ethereum Falls 10% Amid Bearish Trend By Investing.com
Investing.com – Ethereum was trading at $2,898.17 as of 11:12 PM ET (03:12 GMT) on the Investing.com Index on Friday, down 10.25% on the day. It was the largest one-day percentage loss since November 9, 2022.
This drop caused Ethereum’s market cap to fall to $360.89 billion, or 17.62% of the total cryptocurrency market cap. At its peak, Ethereum’s market cap was $569.58 billion.
Ethereum traded in a range of $2,896.05 to $3,108.66 over the previous twenty-four hours.
Over the past seven days, Ethereum has seen its value plummet, losing 12.95%. Ethereum’s trading volume in the twenty-four hours prior to this writing was $20.66 billion, which is 21.95% of the total volume of all cryptocurrencies. It has traded in a range of $2,896.0498 to $3,522.0027 over the past 7 days.
At its current price, Ethereum is still down 40.42% from its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in Cryptocurrency Trading
Bitcoin was at $55,408.9 on the Investing.com index, down 6.05% on the day.
Tether USDt was trading at $1.0002 on the Investing.com index, a gain of 0.09%.
Bitcoin’s market cap was $1,104.18 billion, which was 53.90% of the total cryptocurrency market cap, while Tether USDt’s market cap was $112.45 billion, which was 5.49% of the total cryptocurrency market value.