Ethereum falls 10% in bearish trading from

[ad_1] – Ethereum was trading at $2,882.29 as of 4:24 p.m. (20:24 GMT) on Saturday, according to the Index, down 10.07% on the day. It was the largest daily percentage loss since April 13.

The downward move saw Ethereum's market cap fall to $352.78 billion, or 15.85% of the total cryptocurrency market cap. At its highest, Ethereum's market capitalization was $569.58 billion.

Ethereum traded in a range of $2,864.43 to $3,296.69 over the last 24 hours.

Over the last seven days, Ethereum has seen a 12.25% loss in value. Ethereum traded volume in the 24 hours to press time was $21.72 billion, or 18.26% of the total volume of all cryptocurrencies. In the last 7 days, the price has traded in a range of $2,864.4299 to $3,727.8689.

At the current price, Ethereum is still 40.74% below its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $61,826.5 on the index, down 7.56% on the day.

Tether USDt traded at $1.0018 on the Index, up 0.15%.

Bitcoin's market cap most recently stood at $1,229.11 billion or 55.22% of the total cryptocurrency market cap, while Tether USDt's market cap totaled $107.63 billion or 4.84% of the total cryptocurrency market cap .


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