Investing.com – Ethereum was trading at $2,898.17 by 04:12 (03:12 GMT) on the Investing.com Index on Friday, down 10.25% 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 $360.89B, or 17.62% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.
Ethereum had traded in a range of $2,896.05 to $3,108.66 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 12.95%. The volume of Ethereum traded in the twenty-four hours to time of writing was $20.66B or 21.95% of the total volume of all cryptocurrencies. It has traded in a range of $2,896.0498 to $3,522.0027 in the past 7 days.
At its current price, Ethereum is still down 40.42% from its all-time high of $4,864.06 set on November 10, 2021.