Ethereum Dips Below 274.48 Level, Down 1%

12 Jul 2019

Ethereum Dips Below 274.48 Level, Down 1%

Ethereum fell bellow the $274.48 level on Friday. Ethereum was trading at 274.48 by 10:49 (14:49 GMT) on the Index, down 1.01% on the day. It was the largest one-day percentage loss since July 12.

The move downwards pushed Ethereum's market cap down to $29.45B, or 9.20% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $266.81 to $278.33 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 5.29%. The volume of Ethereum traded in the twenty-four hours to time of writing was $9.10B or 11.13% of the total volume of all cryptocurrencies. It has traded in a range of $263.0831 to $317.9449 in the past 7 days.

At its current price, Ethereum is still down 80.71% from its all-time high of $1,423.20 set on January 13, 2018. Elsewhere in cryptocurrency trading

Bitcoin was last at $11,657.6 on the Index, down 0.62% on the day.

XRP was trading at $0.34573 on the Index, a gain of 3.42%.

Bitcoin's market cap was last at $208.52B or 65.13% of the total cryptocurrency market cap, while XRP's market cap totaled $14.69B or 4.59% of the total cryptocurrency market value.

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