Ethereum Market Update

Investing.com – Ethereum was trading at $3,473.09 by 12:50 (17:50 GMT) on Thursday, down 10.31% on the day, marking its largest one-day percentage loss since November 9, 2022.

This decline reduced Ethereum's market cap to $423.79B, accounting for 12.41% of the total cryptocurrency market cap, down from a high of $569.58B.

Within the past twenty-four hours, Ethereum traded between $3,473.09 and $3,719.52. Over the last seven days, it saw a 10.78% decrease, with a trading volume of $55.93B, representing 20.29% of the total cryptocurrency volume. The price fluctuated between $3,473.0872 and $4,102.8984 during this period.

Currently, Ethereum is down 28.60% from its all-time high of $4,864.06, reached on November 10, 2021.

Elsewhere in Cryptocurrency Trading

Bitcoin was last at $98,663.9, down 5.72% on the day.

Tether USDt was trading at $0.9985, with a loss of 0.12%.

Bitcoin's market cap was at $1,959.58B, comprising 57.38% of the total cryptocurrency market cap, while Tether USDt's market cap stood at $140.48B, or 4.11% of the overall market value.