Ethereum fell bellow the $295.39 level on Thursday. Ethereum was trading at 295.39 by 09:56 (13:56 GMT) on the Investing.com Index, down 0.88% on the day. It was the largest one-day percentage loss since July 3.
The move downwards pushed Ethereum’s market cap down to $31.73B, or 9.47% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.
Ethereum had traded in a range of $291.08 to $301.56 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 2.43%. The volume of Ethereum traded in the twenty-four hours to time of writing was $9.16B or 10.91% of the total volume of all cryptocurrencies. It has traded in a range of $273.0729 to $324.1334 in the past 7 days.
At its current price, Ethereum is still down 79.24% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $11,848.0 on the Investing.com Index, up 5.11% on the day.
XRP was trading at $0.39432 on the Investing.com Index, a loss of 0.92%.
Bitcoin’s market cap was last at $211.46B or 63.11% of the total cryptocurrency market cap, while XRP’s market cap totaled $16.93B or 5.05% of the total cryptocurrency market value.