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Ethereum Tumbles 20% In Rout

CryptocurrencyMay 21, 2021 05:10PM ET
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© Reuters Ethereum Tumbles 20% In Rout

Investing.com - Ethereum was trading at $2,202.01 by 17:09 (21:09 GMT) on the Investing.com Index on Friday, down 20.19% on the day. It was the largest one-day percentage loss since May 21.

The move downwards pushed Ethereum's market cap down to $260.86B, or 17.28% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $479.29B.

Ethereum had traded in a range of $2,202.01 to $2,931.66 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 43.74%. The volume of Ethereum traded in the twenty-four hours to time of writing was $47.98B or 22.67% of the total volume of all cryptocurrencies. It has traded in a range of $1,922.2527 to $4,129.9937 in the past 7 days.

At its current price, Ethereum is still down 49.57% from its all-time high of $4,366.10 set on May 12.

Elsewhere in cryptocurrency trading

Bitcoin was last at $35,164.8 on the Investing.com Index, down 13.53% on the day.

Tether was trading at $1.0016 on the Investing.com Index, a gain of 0.01%.

Bitcoin's market cap was last at $660.22B or 43.73% of the total cryptocurrency market cap, while Tether's market cap totaled $58.59B or 3.88% of the total cryptocurrency market value.

Ethereum Tumbles 20% In Rout
 

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Comments (2)
Brian Gardner
Brian Gardner May 21, 2021 6:39PM ET
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Lots of value in this site, yet I am curious why are the crypto articles a "rout" in this site's articles?  Correction maybe? Not seeing this on the stock news. Friendly advice to not alienate visitors that are helping your numbers and time on the site. Appreciate your consideration.
Dhia Betar
Dhia Betar May 21, 2021 6:39PM ET
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You mean 20% decline in onevday is not a Rout? 50% from the top in 10 days is not Rout? Lol
Toni Stoian
Toni Stoian May 21, 2021 6:10PM ET
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Și ce dracu facem acum?
 
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