Ethereum falls 10% in bear market

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currencyjournals – Ethereum was buying and selling at $2,898.17 as of 23:12 (03:12 GMT) on the currencyjournals Index on Friday, down 10.25% on the day, its greatest one-day share drop since Nov. 9, 2022.

This drop precipitated Ethereum’s market cap to fall to $360.89 billion, or 17.62% of the entire cryptocurrency market cap. At its peak, Ethereum’s market cap was $569.58 billion.

Ethereum has traded in a variety of $2,896.05 to $3,108.66 over the previous 24 hours.

Over the previous seven days, Ethereum has fallen by 12.95% in worth. Within the 24 hours as much as the time of writing, Ethereum was traded at $20.66 billion, making up 21.95% of the entire buying and selling quantity of all cryptocurrencies. Over the previous seven days, Ethereum has traded in a variety of $2,896.0498 to $3,522.0027.

At present costs, Ethereum is down 40.42% from its all-time excessive of $4,864.06 recorded on Nov. 10, 2021.

Different areas of cryptocurrency buying and selling

Bitcoin was final buying and selling at $55,408.9 on the currencyjournals Index, down 6.05% from the day prior to this.

Tether USDt was buying and selling at $1.0002 on the currencyjournals Index, up 0.09%.

Bitcoin’s market cap was final recorded at $1,104.18 billion, making up 53.90% of the entire cryptocurrency market cap, whereas Tether (USDT) had a complete market cap of $112.45 billion, making up 5.49% of the entire cryptocurrency market cap.

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