Ethereum Falls 11% In Rout By

© Reuters Ethereum Falls 11% In Rout – was trading at $ 976.75 by 04:20 (08:20 GMT) on the Index on Saturday, down 10.84% ​​on the day. It was the largest one-day percentage loss since June 16th.

The move downwards pushed Ethereum’s market cap down to $ 121.48B, or 14.49% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $ 569.58B.

Ethereum had traded in the range of $ 976.75 to $ 1,096.93 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 40.06%. The volume of Ethereum traded in the twenty-four hours to the time of writing was $ 13.66B or 21.80% of the total volume of all cryptocurrencies. It has traded in a range of $ 976.7493 to $ 1,542.0099 in the past 7 days.

At its current price, Ethereum is still down 79.92% from its all-time high of $ 4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

was last at $ 18,805.0 on the Index, down 10.74% on the day.

was trading at $ 0.9983 on the Index, a loss of 0.12%.

Bitcoin’s market cap was last at $ 363.83B or 43.54% of the total cryptocurrency market cap, while Tether’s market cap totaled $ 68.15B or 8.16% of the total cryptocurrency market value.

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