Ethereum Falls 10% In Bearish Trade By

© Reuters Ethereum Falls 10% in a bearish trade – $3,428.21 was traded at 17:33 (22:33 GMT) on the Index on Wednesday, down 10.16% on the day. It was the biggest one-day percentage loss since November 26, 2021.

The downward move pushed the market cap of Ethereum down to $415.74 billion, or 20.01% of the total cryptocurrency market cap. At its highest, Ethereum had a market capitalization of $569.58 billion.

Ethereum has been trading in a range of $3,428.21 to $3,846.44 in the previous 24 hours.

Over the past seven days, Ethereum has seen a drop in its value, losing 6.53%. The volume of Ethereum traded in the twenty-four hours at the time of writing was $15.83 billion or 15.65% of the total volume of all cryptocurrencies. It has been trading in a range of $3,428.2070 to $3,889.0718 in the past seven days.

At its current price, Ethereum is still down 29.52% from its all-time high of $4,864.06 on November 10, 2021.

Elsewhere in cryptocurrency trading

It was last at $42,546.7 on the Index, down 7.82% on the day.

It was trading at $460.84 on the Index, a loss of 9.66%.

Bitcoin’s market cap was last at $815.90 billion, or 39.73% of the total cryptocurrency market cap, while Binance Coin’s total market cap was $78.74 billion, or 3.83% of the total cryptocurrency market cap.

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