Ethereum Dips Below 199.77 Level, Down 4.85%

Investing.com - Ethereum fell bellow the $199.77 level on Wednesday. Ethereum was trading at 199.77 by 15:02 (19:02 GMT) on the Investing.com Index, down 4.85% on the day. It was the largest one-day percentage loss since September 17.

The move downwards pushed Ethereum's market cap down to $20.86B, or 10.70% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $199.21 to $214.91 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 14.78%. The volume of Ethereum traded in the twenty-four hours to time of writing was $1.44B or 12.96% of the total volume of all cryptocurrencies. It has traded in a range of $183.11 to $259.37 in the past 7 days.

At its current price, Ethereum is still down 85.96% from its all-time high of $1,423.20 set on January 13.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,148.3 on the Investing.com Index, down 3.00% on the day.

XRP was trading at $0.31236 on the Investing.com Index, a loss of 2.33%.

Bitcoin's market cap was last at $108.00B or 55.37% of the total cryptocurrency market cap, while XRP's market cap totaled $12.57B or 6.44% of the total cryptocurrency market value.

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