Ethereum Tumbles 20.07% In Rout

Investing.com – was trading at $1,092.03 by 08:53 (03:23 GMT) on the Investing.com Index on Monday, down 20.07% on the day. It was the largest one-day percentage loss since Thursday, March 12, 2020.

The move downwards pushed Ethereum’s market cap down to $131.03B, or 13.37% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $147.00B.

Ethereum had traded in a range of $1,091.97 to $1,257.30 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 17.86%. The volume of Ethereum traded in the twenty-four hours to time of writing was $39.36B or 21.54% of the total volume of all cryptocurrencies. It has traded in a range of $976.9117 to $1,347.9818 in the past 7 days.

At its current price, Ethereum is still down 23.27% from its all-time high of $1,423.20 set on Saturday, January 13, 2018.

Elsewhere in cryptocurrency trading

was last at $35,249.4 on the Investing.com Index, down 16.22% on the day.

Tether was trading at $1.0002 on the Investing.com Index, a loss of 0.10%.

Bitcoin’s market cap was last at $664.18B or 67.79% of the total cryptocurrency market cap, while Tether’s market cap totaled $24.25B or 2.48% of the total cryptocurrency market value.