Ethereum Falls 10% in Selloff Morinda News

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Investing.com – Ethereum was trading at $3,151.48 on the Investing.com Index as of 2:36 p.m. (18:36 GMT) on Friday, down 10.09% on the day. It was the largest daily percentage loss since November 9, 2022.

The downward move saw Ethereum's market cap fall to $399.60 billion, or 15.99% of the total cryptocurrency market cap. At its highest, Ethereum's market capitalization was $569.58 billion.

Ethereum traded in a range of $3,150.92 to $3,551.22 over the last 24 hours.

Over the past seven days, the value of Ethereum has remained stagnant, moving only 0.16%. Ethereum traded volume in the 24 hours to press time was $14.47 billion, or 16.09% of the total volume of all cryptocurrencies. In the last 7 days, the price has traded in a range of $3,150.9238 to $3,727.8689.

At the current price, Ethereum is still 35.21% below its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $65,942.3 on the Investing.com index, down 5.10% on the day.

Tether USDt traded at $0.9998 on the Investing.com Index, down 0.03%.

Bitcoin's market cap most recently stood at $1,338.23 billion or 53.53% of the total cryptocurrency market cap, while Tether USDt's market cap totaled $107.24 billion or 4.29% of the total cryptocurrency market cap .

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