Ethereum trades in the red, down 10%

Ethereum trades in the red, down 10% © Reuters Ethereum trades in the red, down 10%

Investing.com - Ethereum was trading at $3,235.87 as of 15:55 (08:55 GMT) according to the Investing.com Index on Tuesday, down 10.08% on the day. This is the strongest decrease in a day since November 9, 2022.

This bearish move pulled Ethereum's capitalization down to $396.62B, equivalent to 16.51% of the total cryptocurrency market capitalization. The highest capitalization Ethereum has ever achieved is $569.58B.

Ethereum fluctuated between $3,235.86 and $3,546.23 over the past 24 hours.

During the previous week, Ethereum fell, and fell. Ethereum's trading volume in the 24 hours until this news was released was $26.51B, equivalent to 16.08% of the total trading volume of the cryptocurrency market. Ethereum fluctuated between $3,231.9666 and $4,078.4824 over the previous 7 days.

Based on current prices, Ethereum is still down 33.47% from its all-time high of $4,864.06, on November 10, 2021.

Other cryptocurrencies

Bitcoin is trading at $63,278.0 according to Investing.com Index, down 7.06% on the day.

Tether USDt was trading at $0.9998 according to the Investing.com Index, up 0.06%.

The capitalization of Bitcoin cryptocurrency is recorded at $1,259.69B, equivalent to 52.44% of the total cryptocurrency market capitalization, while the capitalization of Tether USDt is $103.57B, equivalent to 4.31% of the total cryptocurrency market capitalization .

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