Ethereum declines 12% amid investor fears


© Reuters Ethereum declines 12% amid investor fears

Investing.com – was trading at $1,402.32 at 19:07 (18:07 GMT) on the Investing.com Index on Tuesday, down 11.52% on the day. This is the biggest drop since August 19.

This bearish movement caused Ethereum’s capitalization to fall to $179.41B, or 18.40% of the total cryptocurrency market capitalization. At its all-time high, Ethereum’s capitalization reached $569.58B.

Ethereum traded in a range extending from $1,402.32 to $1,576.10 over the past 24 hours.

Over the last 7 days, Ethereum has posted a drop of -6.93%. Ethereum volume traded over the past 24 hours reached $29.07B or 19.15% of total trade across all cryptocurrencies. It has moved in a range extending from $1,402.3214 to $1,666.1705 over the last 7 days.

At its current price, Ethereum is evolving 71.17% below its historic high of November 10, 2021 at $4,864.06.

On the side of other crypto-currencies

traded at $19,005.3 on the Investing.com Index, down 8.21% on the day.

was evolving at $1.0002 on the Investing.com Index, an increase of 0.02%.

Bitcoin’s total capitalization reached $375.19B or 38.49% of the total cryptocurrency market capitalization, while Tether’s capitalization reached $69.53B or 7.13% of the total cryptocurrency market value .



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