Ethereum Tumbles 20% In Selloff By Investing.com

Ethereum Tumbles 20% In Selloff

Cryptocurrency Jul 16, 2019 01:06PM ET

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Investing.com - Ethereum was trading at $193.86 by 13:05 (17:05 GMT) on the Investing.com Index on Tuesday, down 20.33% on the day. It was the largest one-day percentage loss since March 18, 2017.

The move downwards pushed Ethereum's market cap down to $21.64B, or 8.08% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $193.86 to $234.41 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 34.79%. The volume of Ethereum traded in the twenty-four hours to time of writing was $8.07B or 11.34% of the total volume of all cryptocurrencies. It has traded in a range of $193.8581 to $313.8093 in the past 7 days.

At its current price, Ethereum is still down 86.38% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $9,576.3 on the Investing.com Index, down 11.32% on the day.

XRP was trading at $0.28687 on the Investing.com Index, a loss of 9.94%.

Bitcoin's market cap was last at $175.30B or 65.43% of the total cryptocurrency market cap, while XRP's market cap totaled $12.61B or 4.71% of the total cryptocurrency market value.

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