Ethereum was trading at $124.03 by 20:07 (01:07 GMT) on the Index on Friday, down 10.98% on the day. It was the largest one-day percentage loss since November 20.
The move downwards pushed Ethereum's market cap down to $13.00B, or 9.17% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.
Ethereum had traded in a range of $123.79 to $128.08 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 29.9%. The volume of Ethereum traded in the twenty-four hours to time of writing was $1.81B or 13.37% of the total volume of all cryptocurrencies. It has traded in a range of $123.7878 to $182.0708 in the past 7 days.
At its current price, Ethereum is still down 91.29% from its all-time high of $1,423.20 set on January 13.
Elsewhere in cryptocurrency trading
Bitcoin was last at $4,341.3 on the Index, down 6.72% on the day.
XRP was trading at $0.42048 on the Index, a loss of 6.92%.
Bitcoin's market cap was last at $75.93B or 53.55% of the total cryptocurrency market cap, while XRP's market cap totaled $17.12B or 12.08% of the total cryptocurrency market value.
