Categories: Cryptocurrency News

Ethereum Falls 11% In Bearish Commerce


Investing.com – Ethereum was buying and selling at $3,550.21 by 17:23 (22:23 GMT) on the Investing.com Index on Monday, down 11.05% on the day. It was the biggest one-day proportion loss since December 9.

The transfer downwards pushed Ethereum’s market cap all the way down to $437.65B, or 12.79% of the overall cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.

Ethereum had traded in a spread of $3,550.21 to $4,005.08 within the earlier twenty-four hours.

Over the previous seven days, Ethereum has seen a stagnation in worth, because it solely moved 0.61%. The quantity of Ethereum traded within the twenty-four hours to time of writing was $51.37B or 17.48% of the overall quantity of all cryptocurrencies. It has traded in a spread of $3,510.1943 to $4,084.9895 prior to now 7 days.

At its present worth, Ethereum continues to be down 27.01% from its all-time excessive of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency buying and selling

Bitcoin was final at $95,562.7 on the Investing.com Index, down 4.46% on the day.

Tether USDt was buying and selling at $1.0004 on the Investing.com Index, a lack of 0.02%.

Bitcoin’s market cap was final at $1,914.59B or 55.96% of the overall cryptocurrency market cap, whereas Tether USDt’s market cap totaled $138.12B or 4.04% of the overall cryptocurrency market worth.

admin

Share
Published by
admin

Recent Posts

Can the Golden Dome protect America from China’s terrifying missiles?

China’s Hypersonic Threat and America's Golden Dome Defense Plan: A New Cold War in the…

9 minutes ago

The Market Isn’t a Instrument

In a properly nuanced editorial, “JD Vance is Flawed: The Market Isn’t a ‘Instrument’” Wall…

1 hour ago

My Weekly Studying for June 1, 2025

Why California Fuel Costs Are the Highest in America By Vance Ginn, The Each day…

2 hours ago

Everybody Has Their Causes

Within the US, nationwide safety has been cited by proponents of protectionism for all kinds…

3 hours ago

The Free Market Is Not a Device for Politicos

Wall Avenue Journal editor Matthew Hennessey rightly criticized Vice President JD Vance’s assertion that the…

3 hours ago

Who Bears the Burden of Tariffs?

Co-blogger Jon Murphy, in “Why Should Individuals Pay Tariffs?” Could 29, 2025, factors out that…

3 hours ago