Ethereum Falls 10% In Selloff


Ethereum was trading at $248.41 by 22:30 (03:30 GMT) on the Investing.com Index on Monday, down 10.02% on the day. It was the largest one-day percentage loss since September 24, 2019.

The move downwards pushed Ethereum's market cap down to $27.58B, or 9.53% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $248.41 to $261.25 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 11.21%. The volume of Ethereum traded in the twenty-four hours to time of writing was $24.19B or 14.09% of the total volume of all cryptocurrencies. It has traded in a range of $218.2171 to $287.9298 in the past 7 days.

At its current price, Ethereum is still down 82.55% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $9,808.1 on the Investing.com Index, down 2.32% on the day.

XRP was trading at $0.28125 on the Investing.com Index, a loss of 12.89%.

Bitcoin's market cap was last at $179.40B or 62.01% of the total cryptocurrency market cap, while XRP's market cap totaled $12.45B or 4.30% of the total cryptocurrency market value.

Source: https://www.investing.com