Investing.com – Ethereum was trading at $3,550.21 by 17:23 (22:23 GMT) on the Investing.com Index on Monday, down 11.05% on the day. It was the largest one-day percentage loss since December 9.
The move downwards pushed Ethereum’s market cap down to $437.65B, or 12.79% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.
Ethereum had traded in a range of $3,550.21 to $4,005.08 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a stagnation in value, as it only moved 0.61%. The volume of Ethereum traded in the twenty-four hours to time of writing was $51.37B or 17.48% of the total volume of all cryptocurrencies. It has traded in a range of $3,510.1943 to $4,084.9895 in the past 7 days.
At its current price, Ethereum is still down 27.01% from its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $95,562.7 on the Investing.com Index, down 4.46% on the day.
Tether USDt was trading at $1.0004 on the Investing.com Index, a loss of 0.02%.
Bitcoin’s market cap was last at $1,914.59B or 55.96% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $138.12B or 4.04% of the total cryptocurrency market value.