RATE Group | Ethereum Dips Below 293.84 Level, Down 13.57% By Investing.com
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Ethereum Dips Below 293.84 Level, Down 13.57% By Investing.com

Ethereum Dips Below 293.84 Level, Down 13.57% By Investing.com

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© Reuters.

Investing.com – fell bellow the $293.84 level on Wednesday. Ethereum was trading at 293.84 by 11:52 (15:52 GMT) on the Investing.com Index, down 13.57% on the day. It was the largest one-day percentage loss since April 12.

The move downwards pushed Ethereum’s market cap down to $29.95B, or 14.31% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.

Ethereum had traded in a range of $277.91 to $295.58 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 18.9%. The volume of Ethereum traded in the twenty-four hours to time of writing was $1.87B or 13.94% of the total volume of all cryptocurrencies. It has traded in a range of $250.84 to $369.74 in the past 7 days.

At its current price, Ethereum is still down 79.35% from its all-time high of $1,423.20 set on January 13.

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