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Ethereum Dips Below 173.52 Level, Down 4.86%

Investing.com - Ethereum fell bellow the $173.52 level on Wednesday. Ethereum was trading at 173.52 by 14:00 (18:00 GMT) on the Investing.com Index, down 4.86% on the day. It was the largest one-day percentage loss since September 12.

The move downwards pushed Ethereum's market cap down to $17.74B, or 9.35% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $169.08 to $186.57 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 30.59%. The volume of Ethereum traded in the twenty-four hours to time of writing was $1.80B or 15.03% of the total volume of all cryptocurrencies. It has traded in a range of $169.08 to $234.49 in the past 7 days.

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At its current price, Ethereum is still down 87.81% from its all-time high of $1,423.20 set on January 13.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,289.1 on the Investing.com Index, up 0.74% on the day.

XRP was trading at $0.26659 on the Investing.com Index, a gain of 3.76%.

Bitcoin's market cap was last at $109.11B or 57.54% of the total cryptocurrency market cap, while XRP's market cap totaled $10.68B or 5.63% of the total cryptocurrency market value.

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