Investing.com - Ethereum was trading at $254.23 by 21:50 (21:50 GMT) on the Investing.com Index on Wednesday, down 10.35% on the day. It was the largest one-day percentage loss since September 24, 2019.
The move downwards pushed Ethereum's market cap down to $29.54B, or 9.96% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.
Ethereum had traded in a range of $253.88 to $285.75 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a stagnation in value, as it only moved 1.05%. The volume of Ethereum traded in the twenty-four hours to time of writing was $22.01B or 14.44% of the total volume of all cryptocurrencies. It has traded in a range of $237.8917 to $287.9298 in the past 7 days.
At its current price, Ethereum is still down 82.14% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $9,451.0 on the Investing.com Index, down 7.11% on the day.
XRP was trading at $0.27276 on the Investing.com Index, a loss of 10.19%.
Bitcoin's market cap was last at $180.07B or 60.71% of the total cryptocurrency market cap, while XRP's market cap totaled $12.47B or 4.20% of the total cryptocurrency market value.