Investing.com – Ethereum was trading at $3,473.09 by 12:50 (17:50 GMT) on the Investing.com index on Thursday, down 10.31% on the day. This was the largest single-day decline since November 9, 2022.
Due to this decline, Ethereum's market capitalization fell to $423.79 billion (12.41% of the cryptocurrency market capitalization). At its peak, Ethereum's market capitalization was $5695.8 billion.
Ethereum was trading between $3,473.09 and $3,719.52 in the past 24 hours.
Over the past 7 days, the value of Ethereum has declined, dropping by 10.78%. The amount of Ethereum traded in the 24 hours up to the time of this writing was $55.93 billion, or 20.29% of the total volume of all cryptocurrencies. The trading price for the past 7 days has ranged from $3,473.0872 to $4,102.8984.
At the current price, Ethereum is still down 28.60% from its all-time high of $4,864.06 on November 10, 2021.
Elsewhere for cryptocurrency trading
Bitcoin fell 5.72% on the day on the Investing.com index and was last seen at $98,663.9.
Tether USDt was trading at $0.9985 on the Investing.com index, down 0.12%.
Bitcoin's market cap was last valued at $1,959.58 billion or 57.38% of the total crypto market, while Tether USDt's market cap totaled $140,480 million or 4.11% of the total crypto market.
