Ethereum Tumbles 20% In Selloff By Investing.com

September 5, 2020 Editor Ethereum 0

Ethereum Tumbles 20% In Selloff

Investing.com – was trading at $320.10 by 14:54 (18:54 GMT) on the Investing.com Index on Saturday, down 20.38% on the day. It was the largest one-day percentage loss since March 12.

The move downwards pushed Ethereum’s market cap down to $37.45B, or 11.72% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.

Ethereum had traded in a range of $319.30 to $394.12 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 17.22%. The volume of Ethereum traded in the twenty-four hours to time of writing was $23.98B or 14.68% of the total volume of all cryptocurrencies. It has traded in a range of $319.2988 to $488.2359 in the past 7 days.

At its current price, Ethereum is still down 77.51% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

was last at $9,949.5 on the Investing.com Index, down 5.51% on the day.

Tether was trading at $1.0021 on the Investing.com Index, a gain of 0.02%.

Bitcoin’s market cap was last at $187.02B or 58.51% of the total cryptocurrency market cap, while Tether’s market cap totaled $14.19B or 4.44% of the total cryptocurrency market value.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.