Ethereum Falls 10.17% In Rout

Investing.com – was trading at $1,100.34 by 21:41 (16:11 GMT) on the Investing.com Index on Friday, down 10.17% on the day. It was the largest one-day percentage loss since Friday, January 15, 2021.

The move downwards pushed Ethereum’s market cap down to $125.96B, or 13.02% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $147.00B.

Ethereum had traded in a range of $1,079.19 to $1,256.13 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 12.74%. The volume of Ethereum traded in the twenty-four hours to time of writing was $31.68B or 23.14% of the total volume of all cryptocurrencies. It has traded in a range of $917.9643 to $1,347.9818 in the past 7 days.

At its current price, Ethereum is still down 22.69% from its all-time high of $1,423.20 set on Saturday, January 13, 2018.

Elsewhere in cryptocurrency trading

, was last at $34,732.9 on the Investing.com Index, down 13.72% on the day.

Tether was trading at $0.9999 on the Investing.com Index, a gain of 0.05%.

Bitcoin’s market cap was last at $649.18B or 67.09% of the total cryptocurrency market cap, while Tether’s market cap totaled $24.23B or 2.50% of the total cryptocurrency market value.