Ethereum was trading at $232.31 by 05:14 (09:14 GMT) on the Index on Thursday, down 10.04% on the day. It was the largest one-day percentage loss since February 24.
The move downwards pushed Ethereum's market cap down to $24.96B, or 10.63% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.
Ethereum had traded in a range of $232.29 to $245.29 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 8.94%. The volume of Ethereum traded in the twenty-four hours to time of writing was $10.18B or 13.12% of the total volume of all cryptocurrencies. It has traded in a range of $224.6189 to $267.7968 in the past 7 days.
At its current price, Ethereum is still down 83.68% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $7,499.2 on the Index, down 5.39% on the day.
XRP was trading at $0.36458 on the Index, a loss of 9.07%.
Bitcoin's market cap was last at $134.12B or 57.10% of the total cryptocurrency market cap, while XRP's market cap totaled $15.50B or 6.60% of the total cryptocurrency market value.
