Ethereum Falls 10.07% In Rout

Investing.com – was trading at $1,299.41 by 18:18 (12:48 GMT) on the Investing.com Index on Tuesday, down 10.07% on the day. It was the largest one-day percentage loss since Thursday, January 21, 2021.

The move downwards pushed Ethereum’s market cap down to $149.93B, or 16.01% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $159.04B.

Ethereum had traded in a range of $1,297.39 to $1,377.94 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 7.05%. The volume of Ethereum traded in the twenty-four hours to time of writing was $42.79B or 31.57% of the total volume of all cryptocurrencies. It has traded in a range of $1,045.0182 to $1,474.6772 in the past 7 days.

At its current price, Ethereum is still down 11.89% from its all-time high of $1,474.68 set on Monday, January 25, 2021.

Elsewhere in cryptocurrency trading

, was last at $31,574.2 on the Investing.com Index, down 8.33% on the day.

Tether was trading at $1.0016 on the Investing.com Index, a gain of 0.03%.

Bitcoin’s market cap was last at $590.70B or 63.06% of the total cryptocurrency market cap, while Tether’s market cap totaled $25.00B or 2.67% of the total cryptocurrency market value.