Industry News

Investing.com - Ethereum was trading at $2,104.07 by 00:54 (05:54 GMT) on the Investing.com Index on Friday, down 10.12% on the day. It was the largest one-day percentage loss since February 24.

The move downwards pushed Ethereum’s market cap down to $255.71B, or 9.66% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.

Ethereum had traded in a range of $2,102.18 to $2,312.79 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 22.99%. The volume of Ethereum traded in the twenty-four hours to time of writing was $31.03B or 20.69% of the total volume of all cryptocurrencies. It has traded in a range of $2,102.1785 to $2,838.2234 in the past 7 days.

At its current price, Ethereum is still down 56.74% from its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $79,354.0 on the Investing.com Index, down 7.60% on the day.

Tether USDt was trading at $1.0002 on the Investing.com Index, a gain of 0.01%.

Bitcoin’s market cap was last at $1,584.38B or 59.86% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $142.04B or 5.37% of the total cryptocurrency market value.