Ethereum Dips Below 172.87 Level, Down 15%

Ethereum Dips Below 172.87 Level, Down 15%

Mar 12, 2020

Ethereum fell bellow the $172.87 level on Thursday. Ethereum was trading at 172.87 by 03:05 (07:05 GMT) on the Index, down 14.75% on the day. It was the largest one-day percentage loss since March 8.

The move downwards pushed Ethereum's market cap down to $19.43B, or 0.00% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $172.87 to $195.40 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 22.89%. The volume of Ethereum traded in the twenty-four hours to time of writing was $17.80B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $172.8651 to $251.5475 in the past 7 days.

At its current price, Ethereum is still down 87.85% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $7,485.3 on the Index, down 4.62% on the day.

XRP was trading at $0.19109 on the Index, a loss of 9.89%.

Bitcoin's market cap was last at $138.12B or 0.00% of the total cryptocurrency market cap, while XRP's market cap totaled $8.51B or 0.00% of the total cryptocurrency market value.

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