Investing.com – was trading at $234.36 by 19:46 (23:46 GMT) on the Investing.com Index on Wednesday, down 21.68% 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 $24.56B, or 11.34% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.
Ethereum had traded in a range of $234.36 to $288.01 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 16.65%. The volume of Ethereum traded in the twenty-four hours to time of writing was $2.26B or 13.02% of the total volume of all cryptocurrencies. It has traded in a range of $234.36 to $301.92 in the past 7 days.
At its current price, Ethereum is still down 83.53% from its all-time high of $1,423.20 set on January 13.
Elsewhere in cryptocurrency trading
was last at $6,836.1 on the Investing.com Index, down 7.92% on the day.
XRP was trading at $0.28041 on the Investing.com Index, a loss of 17.96%.
Bitcoin’s market cap was last at $119.54B or 55.17% of the total cryptocurrency market cap, while XRP’s market cap totaled $11.46B or 5.29% of the total cryptocurrency market value.
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