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Ethereum Dips Below 248.74 Level, Down 8.75%

Published 14/07/2019, 07:54 pm
© Reuters.  Ethereum Dips Below 248.74 Level, Down 8.75%
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Investing.com - Ethereum fell bellow the $248.74 level on Sunday. Ethereum was trading at 248.74 by 19:54 (09:54 GMT) on the Investing.com Index, down 8.75% on the day. It was the largest one-day percentage loss since Thursday, June 27, 2019.

The move downwards pushed Ethereum's market cap down to $28.39B, or 9.34% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $248.73 to $269.62 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 8.49%. The volume of Ethereum traded in the twenty-four hours to time of writing was $6.45B or 10.53% of the total volume of all cryptocurrencies. It has traded in a range of $248.7320 to $317.9449 in the past 7 days.

At its current price, Ethereum is still down 82.52% from its all-time high of $1,423.20 set on Saturday, January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $10,816.4 on the Investing.com Index, down 6.43% on the day.

XRP was trading at $0.32222 on the Investing.com Index, a loss of 4.17%.

Bitcoin's market cap was last at $196.76B or 64.74% of the total cryptocurrency market cap, while XRP's market cap totaled $14.02B or 4.61% of the total cryptocurrency market value.

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