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Ethereum Dips Below 134.77 Level, Down 12%

Ethereum Dips Below 134.77 Level, Down 12%

Investing.com - Ethereum fell bellow the $134.77 level on Monday. Ethereum was trading at 134.77 by 23:11 (04:11 GMT) on the Investing.com Index, down 11.50% on the day. It was the largest one-day percentage loss since September 24.

The move downwards pushed Ethereum's market cap down to $14.89B, or 7.96% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $134.77 to $142.58 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 26.03%. The volume of Ethereum traded in the twenty-four hours to time of writing was $8.48B or 7.60% of the total volume of all cryptocurrencies. It has traded in a range of $134.7748 to $178.7014 in the past 7 days.

At its current price, Ethereum is still down 90.53% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,650.9 on the Investing.com Index, down 8.62% on the day.

XRP was trading at $0.20822 on the Investing.com Index, a loss of 9.81%.

Bitcoin's market cap was last at $121.56B or 65.04% of the total cryptocurrency market cap, while XRP's market cap totaled $9.06B or 4.85% of the total cryptocurrency market value.

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