Ethereum Falls 10.39% In Selloff

Investing.com – was trading at $1,182.89 by 22:15 (16:45 GMT) on the Investing.com Index on Thursday, down 10.39% 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 $135.69B, or 14.77% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $159.04B.

Ethereum had traded in a range of $1,165.95 to $1,387.39 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 2.01%. The volume of Ethereum traded in the twenty-four hours to time of writing was $43.84B or 29.05% of the total volume of all cryptocurrencies. It has traded in a range of $1,079.1873 to $1,437.4194 in the past 7 days.

At its current price, Ethereum is still down 17.71% from its all-time high of $1,437.42 set on Tuesday, January 19, 2021.

Elsewhere in cryptocurrency trading

, was last at $31,343.9 on the Investing.com Index, down 10.72% on the day.

Tether was trading at $0.9982 on the Investing.com Index, a loss of 0.14%.

Bitcoin’s market cap was last at $586.79B or 63.88% of the total cryptocurrency market cap, while Tether’s market cap totaled $24.79B or 2.70% of the total cryptocurrency market value.