Investing.com – Ethereum was trading at $2,614.33 by 20:39 (00:39 GMT) on the Investing.com index on Monday, down 10.30% on the day. It was the largest one-day percentage loss since November 9, 2022.
The downward movement caused Ethereum’s market cap to fall to $323.47 billion, or 15.79% of the total cryptocurrency market cap. At its highest level, Ethereum’s market cap was $569.58 billion.
Ethereum had been trading in a range of $2,614.33 to $2,696.91 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value as it lost 18.31%. The volume of Ethereum traded in the twenty-four hours up to the time of writing was $21.34 billion or 27.14% of the total volume of all cryptocurrencies. It has traded in a range of $2,614.3257 to $3,366.0195 over the past 7 days.
At its current price, Ethereum is still 46.25% below its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last trading at $56,785.1 on the Investing.com index, down 6.51% on the day.
Tether USDt was trading at $0.9995 on the Investing.com index, a gain of 0.00%.
Bitcoin's market cap was last at $1,140.86 billion or 55.69% of the total cryptocurrency market cap, while Tether USDt's market cap was at $114.48 billion or 5.59% of the total cryptocurrency market value.
