Ethereum Falls 11% In Bearish Trade

Ethereum Falls 11% In Bearish Trade

Feb 04, 2020

Ethereum was trading at $171.57 by 08:06 (13:06 GMT) on the Index on Tuesday, down 10.70% on the day. It was the largest one-day percentage loss since September 24, 2019.

The move downwards pushed Ethereum's market cap down to $20.31B, or 7.83% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $44.94 to $191.48 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 7.59%. The volume of Ethereum traded in the twenty-four hours to time of writing was $11.83B or 10.97% of the total volume of all cryptocurrencies. It has traded in a range of $44.9404 to $194.9212 in the past 7 days.

At its current price, Ethereum is still down 87.94% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,692.6 on the Index, down 39.66% on the day.

XRP was trading at $0.18696 on the Index, a loss of 75.84%.

Bitcoin's market cap was last at $165.90B or 63.93% of the total cryptocurrency market cap, while XRP's market cap totaled $10.95B or 4.22% of the total cryptocurrency market value.

Join Libertex!

Practice for free on a demo account with 50,000 euro

Register
or start live trading now