Investing.com – Ethereum was trading at $3,550.21 by 22:23 (22:23 GMT) on the Investing.com Index on Monday, down 11.05% on the day. It was the largest one-day percentage loss since December 9.
The move downwards pushed Ethereum’s market cap down to $437.65B, or 12.79% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.
Ethereum had traded in a range of $3,550.21 to $4,005.08 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a stagnation in value, as it only moved 0.61%. The volume of Ethereum traded in the twenty-four hours to time of writing was $51.37B or 17.48% of the total volume of all cryptocurrencies. It has traded in a range of $3,510.1943 to $4,084.9895 in the past 7 days.
At its current price, Ethereum is still down 27.01% from its all-time high of $4,864.06 set on November 10,…
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