Ethereum Falls 10% In Selloff By

0 – Ethereum was trading at $3,151.48 by 14:36 (18:36 GMT) on the Index on Friday, down 10.09% on the day. It was the largest one-day percentage loss since November 9, 2022.

The move downwards pushed Ethereum’s market cap down to $399.60B, or 15.99% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.

Ethereum had traded in a range of $3,150.92 to $3,551.22 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a stagnation in value, as it only moved 0.16%. The volume of Ethereum traded in the twenty-four hours to time of writing was $14.47B or 16.09% of the total volume of all cryptocurrencies. It has traded in a range of $3,150.9238 to $3,727.8689 in the past 7 days.

At its current price, Ethereum is still down 35.21% from its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $65,942.3 on the Index, down 5.10% on the day.

Tether USDt was trading at $0.9998 on the Index, a loss of 0.03%.

Bitcoin’s market cap was last at $1,338.23B or 53.53% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $107.24B or 4.29% of the total cryptocurrency market value.

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