Ethereum falls 10% in rout
Investing.com – Ethereum was trading at $3,235.87 at 04:55 (0855 GMT) on the Investing.com Index on Tuesday, down 10.08% on the day. It was the largest one-day percentage loss since November 9, 2022.
The downward move pushed Ethereum's market cap to $396.62 billion, or 16.51% of the total cryptocurrency market cap. At its highest point, Ethereum's market capitalization was $569.58 billion.
Ethereum had traded in a range of $3,235.86 to $3,546.23 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value as it lost 17.14%. The volume of Ethereum traded in the twenty-four hours as of this writing was $26.51 billion or 16.08% of the total volume of all cryptocurrencies. It has traded in a range of $3,231.9666 to $4,078.4824 in the last 7 days.
At its current price, Ethereum is still 33.47% below its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last trading at $63,239.3 on the Investing.com index, down 7.06% on the day.
Tether USDt was trading at $0.9999 on the Investing.com index, a gain of 0.06%.
Bitcoin's market capitalization last stood at $1,259.69 billion or 52.44% of the total cryptocurrency market capitalization, while Tether USDt's market capitalization amounted to $103.57 billion. million dollars or 4.31% of the total value of the cryptocurrency market.
