Ethereum Trading Update

On Monday, Ethereum was trading at $2,614.33 by 20:39 (00:39 GMT), down 10.30% for the day. This marks its largest one-day percentage loss since November 9, 2022.

Market Cap

The downward trend has pushed Ethereum’s market cap to $323.47B, making up 15.79% of the total cryptocurrency market cap. Previously, its market cap peaked at $569.58B.

Trading Range

In the past twenty-four hours, Ethereum traded between $2,614.33 and $2,696.91. Over the last week, the value has dropped by 18.31%, with a trading volume of $21.34B, accounting for 27.14% of the total cryptocurrency volume. In the last seven days, it ranged from $2,614.3257 to $3,366.0195.

Currently, Ethereum is down 46.25% from its all-time high of $4,864.06 recorded on November 10, 2021.

Other Cryptocurrencies

• Bitcoin: Last traded at $56,785.1, down 6.51% for the day.
• Tether USDt: Trading at $0.9995, showing no gain.

Market Capitalization

• Bitcoin’s market cap: $1,140.86B (55.69% of total cryptocurrency market cap).
• Tether USDt market cap: $114.48B (5.59% of total cryptocurrency market value).