Ethereum Dips Below 291.29 Level, Down 1%

Ethereum Dips Below 291.29 Level, Down 1%

Jul 05, 2019

Ethereum fell bellow the $291.29 level on Friday. Ethereum was trading at 291.29 by 09:57 (13:57 GMT) on the Index, down 1.29% on the day. It was the largest one-day percentage loss since July 4.

The move downwards pushed Ethereum's market cap down to $31.22B, or 9.75% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $281.92 to $293.61 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 4.49%. The volume of Ethereum traded in the twenty-four hours to time of writing was $8.70B or 11.61% of the total volume of all cryptocurrencies. It has traded in a range of $273.0729 to $324.1334 in the past 7 days.

At its current price, Ethereum is still down 79.53% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $11,163.5 on the Index, down 5.90% on the day.

XRP was trading at $0.37968 on the Index, a loss of 3.84%.

Bitcoin's market cap was last at $199.46B or 62.29% of the total cryptocurrency market cap, while XRP's market cap totaled $16.20B or 5.06% of the total cryptocurrency market value.

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