Investing.com - Ethereum was trading at $2,882.29 by 16:24 (20:24 GMT) on the Investing.com Index on Saturday, down 10.07% on the day. It was the largest one-day percentage loss since April 13.
The move downwards pushed Ethereum's market cap down to $352.78B, or 15.85% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $569.58B.
Ethereum had traded in a range of $2,864.43 to $3,296.69 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 12.25%. The volume of Ethereum traded in the twenty-four hours to time of writing was $21.72B or 18.26% of the total volume of all cryptocurrencies. It has traded in a range of $2,864.4299 to $3,727.8689 in the past 7 days.
At its current price, Ethereum is still down 40.74% from its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $61,826.5 on the Investing.com Index, down 7.56% on the day.
Tether USDt was trading at $1.0018 on the Investing.com Index, a gain of 0.15%.
Bitcoin's market cap was last at $1,229.11B or 55.22% of the total cryptocurrency market cap, while Tether USDt's market cap totaled $107.63B or 4.84% of the total cryptocurrency market value.