Ethereum Falls More Than 11% In 24 hours

During the last 24 hours, Ethereum (CRYPTO: ETH) The price fell 11.02% to $3,405.41. This continues its negative trend over the past week as it experienced a loss of 9.0%, moving from $3,725.41 to its current price.

The chart below compares price action and volatility in Ethereum over the past 24 hours (left) with price action over the past week (right). The gray bars are Bollinger bands, which measure the volatility of both daily and weekly price movements. The wider the bands, or the greater the gray area at any given moment, the greater the volatility.

The coin’s trading volume is up 84.0% over the past week, diverging from the circulating supply of the coin, which is down 0.4%. This brings the circulating supply to 119.05 million. According to our data, the current market cap of ETH is ranked #2 at 406.78 billion.

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