Ethereum Falls 10% In Bearish Trade By

© Reuters Ethereum Falls 10% In Bearish Trade – was trading at $3,428.21 by 17:33 (22:33 GMT) on the Index on Wednesday, down 10.16% on the day. It was the largest one-day percentage loss since November 26, 2021.

The move downwards pushed Ethereum’s market cap down to $415.74B, or 20.01% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.

Ethereum had traded in a range of $3,428.21 to $3,846.44 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 6.53%. The volume of Ethereum traded in the twenty-four hours to time of writing was $15.83B or 15.65% of the total volume of all cryptocurrencies. It has traded in a range of $3,428.2070 to $3,889.0718 in the past 7 days.

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

Elsewhere in cryptocurrency trading

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

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

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

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