Ethereum Falls 10% In Bearish Trade By Investing.com

September 2, 2020 Editor Ethereum 0

Ethereum Falls 10% In Bearish Trade

Investing.com – was trading at $424.69 by 07:25 (11:25 GMT) on the Investing.com Index on Wednesday, down 10.31% on the day. It was the largest one-day percentage loss since September 2.

The move downwards pushed Ethereum’s market cap down to $50.52B, or 13.61% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.

Ethereum had traded in a range of $423.90 to $480.96 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 16.85%. The volume of Ethereum traded in the twenty-four hours to time of writing was $18.06B or 13.73% of the total volume of all cryptocurrencies. It has traded in a range of $372.5314 to $488.2359 in the past 7 days.

At its current price, Ethereum is still down 70.16% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

was last at $11,315.4 on the Investing.com Index, down 5.30% on the day.

Tether was trading at $1.0010 on the Investing.com Index, a loss of 0.07%.

Bitcoin’s market cap was last at $211.83B or 57.07% of the total cryptocurrency market cap, while Tether’s market cap totaled $13.50B or 3.64% of the total cryptocurrency market value.

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