Ethereum Falls 11% In Bearish Trade

Ethereum Falls 11% In Bearish Trade

Dec 17, 2019

Ethereum was trading at $128.60 by 09:16 (14:16 GMT) on the Index on Tuesday, down 10.52% on the day. It was the largest one-day percentage loss since September 24.

The move downwards pushed Ethereum's market cap down to $14.40B, or 7.62% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $128.60 to $132.96 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 9.98%. The volume of Ethereum traded in the twenty-four hours to time of writing was $9.41B or 12.30% of the total volume of all cryptocurrencies. It has traded in a range of $128.5962 to $146.5650 in the past 7 days.

At its current price, Ethereum is still down 90.96% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,746.8 on the Index, down 5.85% on the day.

XRP was trading at $0.19179 on the Index, a loss of 11.51%.

Bitcoin's market cap was last at $124.05B or 65.65% of the total cryptocurrency market cap, while XRP's market cap totaled $8.55B or 4.53% of the total cryptocurrency market value.

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