RATE Group | Ethereum Dips Below 199.60 Level, Down 9.12% By Investing.com
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Ethereum Dips Below 199.60 Level, Down 9.12% By Investing.com

08 Sep Ethereum Dips Below 199.60 Level, Down 9.12% By Investing.com

Posted at 18:08h in Ethereum News by

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© Reuters.

Investing.com – fell bellow the $199.60 level on Saturday. Ethereum was trading at 199.60 by 18:52 (17:52 GMT) on the Investing.com Index, down 9.12% on the day. It was the largest one-day percentage loss since September 5.

The move downwards pushed Ethereum’s market cap down to $21.00B, or 10.52% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.

Ethereum had traded in a range of $199.54 to $220.85 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 29.91%. The volume of Ethereum traded in the twenty-four hours to time of writing was $1.28B or 12.58% of the total volume of all cryptocurrencies. It has traded in a range of $199.54 to $299.38 in the past 7 days.

At its current price, Ethereum is still down 85.98% from its all-time high of $1,423.20 set on January 13.

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