14 Aug Ethereum Dips Below 260.67 Level, Down 21% By Investing.com
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© Reuters. Investing.com – fell bellow the $260.67 level on Tuesday. Ethereum was trading at 260.67 by 16:49 (15:49 GMT) on the Investing.com Index, down 21% on the day. It was the largest one-day percentage loss since March 18.
The move downwards pushed Ethereum’s market cap down to $26.08B, or 13.63% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.
Ethereum had traded in a range of $250.84 to $284.00 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 36.73%. The volume of Ethereum traded in the twenty-four hours to time of writing was $2.16B or 13.59% of the total volume of all cryptocurrencies. It has traded in a range of $250.84 to $380.15 in the past 7 days.
At its current price, Ethereum is still down 81.68% from its all-time high of $1,423.20 set on January 13.
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