English
Ethereum is down 12% in a bearish trade
The value of Ethereum experienced a decline of 12% in a bearish trading environment
On Thursday, Ethereum was trading at $1,600.49 on the Investing.com Index at 17:44 (21:44 GMT), down 11.65% on the day. It was the greatest percentage decline in a single day since November 9, 2022.
The decline reduced Ethereum's market cap to $205.23 billion, or 18.72% of the overall cryptocurrency market worth. Ethereum's market cap peaked at $569.58 billion.
In the recent twenty-four hours, Ethereum traded in a range of $1,600.49 to $1,809.81.
Ethereum's value has decreased by 7.66% in the last seven days. The volume of Ethereum traded in the twenty-four hours to the time of writing was $8.59B, or 19.86% of total cryptocurrency volume. In the last 7 days, it has ranged from $1,600.4943 to $1,861.5049.
Ethereum's current price is still 67.10% lower than its all-time high of $4,864.06 reached on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last seen on the Investing.com Index at $26,077.4, down 5.59% on the day.
Tether was trading at $0.9996 on the Investing.com Index, representing a 0.05% gain.
Tether's market cap was $82.95B, or 7.57% of the entire cryptocurrency market cap, whereas Bitcoin's market cap was $537.59B, or 49.05% of the total cryptocurrency market cap.
Bonus rebate to help investors grow in the trading world!
