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Ethereum Dips Below 288.46 Level, Down 1%

Investing.com - Ethereum fell bellow the $288.46 level on Saturday. Ethereum was trading at 288.46 by 09:58 (13:58 GMT) on the Investing.com Index, down 1.06% on the day. It was the largest one-day percentage loss since July 4.

The move downwards pushed Ethereum's market cap down to $30.89B, or 9.58% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $286.83 to $292.77 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 5.42%. The volume of Ethereum traded in the twenty-four hours to time of writing was $8.19B or 12.15% of the total volume of all cryptocurrencies. It has traded in a range of $273.0729 to $323.2105 in the past 7 days.

At its current price, Ethereum is still down 79.73% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $11,327.0 on the Investing.com Index, up 1.53% on the day.

XRP was trading at $0.38128 on the Investing.com Index, a gain of 0.41%.

Bitcoin's market cap was last at $201.96B or 62.64% of the total cryptocurrency market cap, while XRP's market cap totaled $16.25B or 5.04% of the total cryptocurrency market value.

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