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Ethereum Falls 10.31% In Rout

August 11, 2018 02:57:51

© Reuters.

Ethereum was trading at $329.32 by 17:48 (21:48 GMT) on the Index on Friday, down 10.31% on the day. It was the largest one-day percentage loss since June 22.

The move downwards pushed Ethereum's market cap down to $33.96B, or 15.79% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $329.32 to $365.36 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 19.7%. The volume of Ethereum traded in the twenty-four hours to time of writing was $1.64B or 12.85% of the total volume of all cryptocurrencies. It has traded in a range of $329.32 to $419.70 in the past 7 days.

At its current price, Ethereum is still down 76.86% from its all-time high of $1,423.20 set on January 13.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,067.8 on the Index, down 7.28% on the day.

Ripple was trading at $0.31638 on the Index, a loss of 9.65%.

Bitcoin's market cap was last at $105.99B or 49.28% of the total cryptocurrency market cap, while Ripple's market cap totaled $12.68B or 5.90% of the total cryptocurrency market value.

Category: News

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