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Ethereum traded at $1,611.94 by 14:47 (18:47 GMT) on the Investing.com Index this Sunday, down 10.13% . It was the largest one-day percentage loss since April 6.
The move downwards pushed Ethereum’s market cap down to $197.04B, or 7.77% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.
Ethereum had traded in a range of $1,611.94 to $1,816.30 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 10.19%. The volume of Ethereum traded in the twenty-four hours to time of writing was $11.83B or 20.55% of the total volume of all cryptocurrencies. It has traded in a range of $1,611.9420 to $1,953.5734 in the past 7 days.
At its current price, Ethereum is still down 66.86% from its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $79,041.8 on the Investing.com Index, down 4.82% on the day.
Tether USDt was trading at $0.9995 on the Investing.com Index, a loss of 0.04%.
Bitcoin’s market cap was last at $1,583.39B or 62.42% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $144.02B or 5.68% of the total cryptocurrency market value.
With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next?
