currencyjournals – Ethereum was buying and selling at $2,396.95 on the currencyjournals Index as of 18:16 (22:16 GMT) on Tuesday, down 10.75% on the day, its greatest one-day proportion drop since Nov. 9, 2022.

This drop prompted Ethereum’s market cap to fall to $299.58 billion, or 14.18% of the whole cryptocurrency market cap. At its peak, Ethereum’s market cap was $569.58 billion.

Ethereum has traded in a variety of $2,396.02 to $2,699.73 over the previous 24 hours.

Over the previous seven days, Ethereum has fallen in worth by 3.68%. Within the 24 hours as much as the time of writing, Ethereum traded $14.89 billion, making up 21.02% of the whole buying and selling quantity of all cryptocurrencies. Over the previous seven days, Ethereum has traded in a variety of $2,396.0151 to $2,818.0505.

At present costs, Ethereum stays down 50.72% from its all-time excessive of $4,864.06 recorded on November 10, 2021.

Different areas of cryptocurrency buying and selling

Bitcoin was final buying and selling at $58,331.7 on the currencyjournals Index, down 7.66% from the day past.

Tether USDt was buying and selling at $1.0002 on the currencyjournals Index, up 0.00%.

Bitcoin’s market cap was final at $1,191.54 billion, making up 56.41% of the whole cryptocurrency market cap, whereas Tether (USDT) had a complete market cap of $118.08 billion, making up 5.59% of the whole cryptocurrency market cap.