Ethereum drops 10% in downward movement By Investing.com

by time news

2024-03-19 08:57:36

Investing.com – Ethereum was trading this Tuesday at US$3,235.87 at 05:55 (08:55 GMT) according to the Investing.com Index, a decline of 10.08% in the last 24 hours. This is the biggest daily drop since November 9, 2022.

Investors’ bad mood cut Ethereum’s total market capitalization value to US$396.62B, which represents 16.51% of the cryptomarket’s total capitalization volume. At its all-time high, Ethereum’s market capitalization reached US$569.58B.

In the last 24 hours, Ethereum sold between US$3,235.86 and US$3,546.23. The traded volume of digital currency in the same period was US$26.51B, or 16.08% of the total volume of all cryptocurrencies, until the last update of this article.

In the last seven days, Ethereum has shown a loss in value and lost 17.14%. The digital currency traded between US$3,231.9666 and US$4,078.4824 during this period.

At its current price, Ethereum is still 33.47% below its all-time high of $4,864.06 reached on November 10, 2021.

Other digital currencies

Bitcoin was trading at US$63,244.6 according to the Investing.com Index, down 7.06% on the day.

Tether USDt was selling at $0.9998 according to the Investing.com Index, a gain of 0.06%.

Bitcoin’s market capitalization totaled US$1,259.69B or 52.44% of the total cryptomarket, while Tether USDt had a market value of US$103.57B, or 4.31% of the total invested in digital currencies.

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