Investing.com - Ethereum was trading at $1,104.33 by 09:40 (13:40 GMT) on the Investing.com Index on Wednesday, down 10.08% on the day. It was the largest one-day percentage loss since June 16.
The move downwards pushed Ethereum's market cap down to $134.75B, or 15.04% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $569.58B.
Ethereum had traded in a range of $1,104.33 to $1,155.02 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a stagnation in value, as it only moved 1.75%. The volume of Ethereum traded in the twenty-four hours to time of writing was $15.01B or 23.41% of the total volume of all cryptocurrencies. It has traded in a range of $1,046.5702 to $1,276.8134 in the past 7 days.
At its current price, Ethereum is still down 77.30% from its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $19,996.8 on the Investing.com Index, down 5.00% on the day.
Tether was trading at $0.9989 on the Investing.com Index, a loss of 0.04%.
Bitcoin's market cap was last at $382.45B or 42.68% of the total cryptocurrency market cap, while Tether's market cap totaled $66.74B or 7.45% of the total cryptocurrency market value.