Ethereum Falls 14% In Rout

013, Jun 2022

( Ethereum was trading at $1,176.55 by 21:15 (01:15 GMT) on the Index on Tuesday, down 13.85% on the day. It was the largest one-day percentage loss since June 13.

The move downwards pushed Ethereum's market cap down to $142.64B, or 15.47% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $569.58B.

Ethereum had traded in a range of $1,160.83 to $1,224.20 in the previous twenty-four hours.

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Over the past seven days, Ethereum has seen a drop in value, as it lost 33.06%. The volume of Ethereum traded in the twenty-four hours to time of writing was $44.12B or 29.45% of the total volume of all cryptocurrencies.

It has traded in a range of $1,160.8257 to $1,837.4092 in the past 7 days.

At its current price, Ethereum is still down 75.81% from its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $21,623.7 on the Index, down 16.22% on the day.

Tether was trading at $1.0001 on the Index, a loss of 0.17%.

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Bitcoin's market cap was last at $414.74B or 44.98% of the total cryptocurrency market cap, while Tether's market cap totaled $72.20B or 7.83% of the total cryptocurrency market value.