Ethereum Dips Below 123.42 Level, Down 41%

Investing.com – Ethereum fell bellow the $123.42 level on Friday. Ethereum was trading at 123.42 by 03:06 (07:06 GMT) on the Investing.com Index, down 40.69% on the day. It was the largest one-day percentage loss since March 12.

The move downwards pushed Ethereum’s market cap down to $13.83B, or 0.00% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.

Ethereum had traded in a range of $88.50 to $137.06 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 46.37%. The volume of Ethereum traded in the twenty-four hours to time of writing was $29.20B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $88.5038 to $251.5475 in the past 7 days.

At its current price, Ethereum is still down 91.33% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $5,128.2 on the Investing.com Index, down 46.67% on the day.

XRP was trading at $0.14429 on the Investing.com Index, a loss of 32.93%.

Bitcoin’s market cap was last at $94.68B or 0.00% of the total cryptocurrency market cap, while XRP’s market cap totaled $6.38B or 0.00% of the total cryptocurrency market value.

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