Ethereum Plunges 31% In Selloff

Ethereum Plunges 31% In Selloff

Jul 15, 2019

Ethereum was trading at $206.08 by 20:30 (00:30 GMT) on the Index on Monday, down 30.61% on the day. It was the largest one-day percentage loss ever.

The move downwards pushed Ethereum's market cap down to $23.42B, or 8.50% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $206.08 to $226.66 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 28.36%. The volume of Ethereum traded in the twenty-four hours to time of writing was $8.67B or 11.87% of the total volume of all cryptocurrencies. It has traded in a range of $206.0770 to $317.9449 in the past 7 days.

At its current price, Ethereum is still down 85.52% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $9,943.4 on the Index, down 14.30% on the day.

XRP was trading at $0.29561 on the Index, a loss of 12.33%.

Bitcoin's market cap was last at $181.39B or 65.83% of the total cryptocurrency market cap, while XRP's market cap totaled $12.94B or 4.70% of the total cryptocurrency market value.

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