Ethereum Falls 10.55% In Bearish Trade

Investing.com – was trading at $1,082.95 by 08:13 (02:43 GMT) on the Investing.com Index on Friday, down 10.55% on the day. It was the largest one-day percentage loss since Friday, January 8, 2021.

The move downwards pushed Ethereum’s market cap down to $128.86B, or 12.87% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $139.12B.

Ethereum had traded in a range of $1,076.07 to $1,230.75 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 51.84%. The volume of Ethereum traded in the twenty-four hours to time of writing was $40.37B or 22.53% of the total volume of all cryptocurrencies. It has traded in a range of $715.1451 to $1,286.8070 in the past 7 days.

At its current price, Ethereum is still down 23.91% from its all-time high of $1,423.20 set on Saturday, January 13, 2018.

Elsewhere in cryptocurrency trading

, was last at $37,126.5 on the Investing.com Index, up 0.37% on the day.

Tether was trading at $0.9995 on the Investing.com Index, a loss of 0.10%.

Bitcoin’s market cap was last at $700.16B or 69.94% of the total cryptocurrency market cap, while Tether’s market cap totaled $23.45B or 2.34% of the total cryptocurrency market value.