Ethereum Tumbles 20% In Bearish Trade – was trading at $1,480.81 by 03:56 (08:56 GMT) on the Index on Tuesday, down 20.21% on the day. It was the largest one-day percentage loss since March 12, 2020.

The move downwards pushed Ethereum’s market cap down to $173.00B, or 12.07% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $225.07B.

Ethereum had traded in a range of $1,480.32 to $1,781.44 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 16%. The volume of Ethereum traded in the twenty-four hours to time of writing was $46.73B or 18.96% of the total volume of all cryptocurrencies. It has traded in a range of $1,480.3159 to $2,040.7922 in the past 7 days.

At its current price, Ethereum is still down 27.44% from its all-time high of $2,040.79 set on February 20.

Elsewhere in cryptocurrency trading

was last at $47,569.9 on the Index, down 14.24% on the day.

Tether was trading at $0.9990 on the Index, a loss of 0.08%.

Bitcoin’s market cap was last at $897.86B or 62.64% of the total cryptocurrency market cap, while Tether’s market cap totaled $34.72B or 2.42% of the total cryptocurrency market value.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

empty message

empty message

empty message

empty message

empty message