Ethereum Falls 11% In Bearish Trade

investing.com 09/12/2024 - 22:23 PM

Ethereum Trading Update

Investing.com – Ethereum was trading at $3,550.21 by 17:23 (22:23 GMT) on Monday, down 11.05% on the day. This marks the largest one-day percentage loss since December 9.

The downward movement pushed Ethereum's market cap down to $437.65B, or 12.79% of the total cryptocurrency market cap. At its peak, Ethereum's market cap was $569.58B.

In the previous twenty-four hours, Ethereum traded in a range of $3,550.21 to $4,005.08. Over the past seven days, Ethereum has remained relatively stagnant in value, moving only 0.61%. The volume of Ethereum traded in the last twenty-four hours was $51.37B, accounting for 17.48% of the total volume of all cryptocurrencies. It traded within a range of $3,510.1943 to $4,084.9895 over the past week.

Currently, Ethereum is down 27.01% from its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in Cryptocurrency Trading

  • Bitcoin: Last priced at $95,562.7, down 4.46% on the day.
  • Tether USDt: Trading at $1.0004, a loss of 0.02%.

Bitcoin's market cap was last reported at $1,914.59B, or 55.96% of the total cryptocurrency market cap, while Tether USDt's market cap totaled $138.12B, or 4.04% of the total cryptocurrency market value.




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