Ethereum Falls 10.09% In Rout

Investing.com – was trading at $1,751.50 by 19:23 (13:53 GMT) on the Investing.com Index on Monday, down 10.09% on the day. It was the largest one-day percentage loss since Thursday, January 21, 2021.

The move downwards pushed Ethereum’s market cap down to $203.02B, or 12.66% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $225.07B.

Ethereum had traded in a range of $1,751.00 to $1,935.04 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a stagnation in value, as it only moved 0.83%. The volume of Ethereum traded in the twenty-four hours to time of writing was $28.71B or 16.65% of the total volume of all cryptocurrencies. It has traded in a range of $1,726.7778 to $2,040.7922 in the past 7 days.

At its current price, Ethereum is still down 14.18% from its all-time high of $2,040.79 set on Saturday, February 20, 2021.

Elsewhere in cryptocurrency trading

, was last at $52,550.5 on the Investing.com Index, down 8.08% on the day.

Binance Coin was trading at $245.3284 on the Investing.com Index, a loss of 16.34%.

Bitcoin’s market cap was last at $991.51B or 61.81% of the total cryptocurrency market cap, while Binance Coin’s market cap totaled $38.89B or 2.42% of the total cryptocurrency market value.