Ethereum Falls 10.27% In Bearish Trade By

Fibo Quantum

© Reuters. – was trading at $272.08 by 18:32 (22:32 GMT) on the Index on Monday, down 10.27% on the day. It was the largest one-day percentage loss since August 13.

The move downwards pushed Ethereum’s market cap down to $27.94B, or 13.44% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.

Ethereum had traded in a range of $271.51 to $303.74 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 2.63%. The volume of Ethereum traded in the twenty-four hours to time of writing was $1.38B or 12.55% of the total volume of all cryptocurrencies. It has traded in a range of $250.84 to $320.81 in the past 7 days.

At its current price, Ethereum is still down 80.88% from its all-time high of $1,423.20 set on January 13.

Elsewhere in cryptocurrency trading

was last at $6,299.2 on the Index, down 2.97% on the day.

was trading at $0.32558 on the Index, a loss of 5.45%.

Bitcoin’s market cap was last at $109.41B or 52.64% of the total cryptocurrency market cap, while Ripple’s market cap totaled $13.01B or 6.26% of the total cryptocurrency market value.

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