Investing.com – Ethereum was trading at $2,830.64 by 04:21 (08:21 GMT) on the Investing.com Index on Wednesday, down 10.33% on the day. It was the largest one-day percentage loss since November 9, 2022.
The move downwards pushed Ethereum’s market cap down to $349.03B, or 16.45% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.
Ethereum had traded in a range of $2,830.61 to $3,023.06 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 11.91%. The volume of Ethereum traded in the twenty-four hours to time of writing was $20.27B or 19.90% of the total volume of all cryptocurrencies. It has traded in a range of $2,830.6101 to $3,347.4514 in the past 7 days.
At its current price, Ethereum is still down 41.81% from its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $56,875.8 on the Investing.com Index, down 8.17% on the day.
Tether USDt was trading at $0.9993 on the Investing.com Index, a loss of 0.07%.
Bitcoin’s market cap was last at $1,123.02B or 52.92% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $110.50B or 5.21% of the total cryptocurrency market value.
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