Ethereum was trading at $199.15 by 15:54 (19:54 GMT) on the Index on Monday, down 11.55% on the day. It was the largest one-day percentage loss since September 5.
The move downwards pushed Ethereum's market cap down to $20.86B, or 10.70% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.
Ethereum had traded in a range of $199.15 to $224.48 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 4.84%. The volume of Ethereum traded in the twenty-four hours to time of writing was $1.85B or 15.44% of the total volume of all cryptocurrencies. It has traded in a range of $169.08 to $259.37 in the past 7 days.
At its current price, Ethereum is still down 86.01% from its all-time high of $1,423.20 set on January 13.
Elsewhere in cryptocurrency trading
Bitcoin was last at $6,269.0 on the Index, down 3.75% on the day.
XRP was trading at $0.27027 on the Index, a loss of 4.04%.
Bitcoin's market cap was last at $109.06B or 55.96% of the total cryptocurrency market cap, while XRP's market cap totaled $10.82B or 5.55% of the total cryptocurrency market value.
