Ethereum Falls 11% In Rout

Ethereum Falls 11% In Rout

Jun 04, 2019

Ethereum was trading at $243.13 by 20:07 (00:07 GMT) on the Index on Tuesday, down 10.65% on the day. It was the largest one-day percentage loss since February 24.

The move downwards pushed Ethereum's market cap down to $26.59B, or 10.26% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $243.06 to $250.26 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 7.52%. The volume of Ethereum traded in the twenty-four hours to time of writing was $9.29B or 12.02% of the total volume of all cryptocurrencies. It has traded in a range of $241.5074 to $287.9860 in the past 7 days.

At its current price, Ethereum is still down 82.92% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $7,855.9 on the Index, down 11.11% on the day.

XRP was trading at $0.40325 on the Index, a loss of 9.61%.

Bitcoin's market cap was last at $144.57B or 55.76% of the total cryptocurrency market cap, while XRP's market cap totaled $17.62B or 6.80% of the total cryptocurrency market value.

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