Ethereum Tumbles 20% In Bearish Trade

© Reuters. © Reuters. – was trading at $84.73 by 21:50 (02:50 GMT) on the Index on Friday, down 20.12% on the day. It was the largest one-day percentage loss since December 22, 2017.

The move downwards pushed Ethereum’s market cap down to $8.94B, or 8.32% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.

Ethereum had traded in a range of $77.98 to $92.07 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 26.62%. The volume of Ethereum traded in the twenty-four hours to time of writing was $2.33B or 13.64% of the total volume of all cryptocurrencies. It has traded in a range of $77.9844 to $127.0822 in the past 7 days.

At its current price, Ethereum is still down 94.05% from its all-time high of $1,423.20 set on January 13.

Elsewhere in cryptocurrency trading

was last at $3,384.6 on the Index, down 11.20% on the day.

was trading at $0.29890 on the Index, a loss of 13.18%.

Bitcoin’s market cap was last at $59.35B or 55.18% of the total cryptocurrency market cap, while XRP’s market cap totaled $12.13B or 11.28% of the total cryptocurrency market value.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.