Investing.com - Ethereum was trading at $259.70 by 11:50 (10:50 GMT) on the Investing.com Index on Wednesday, down 10.66% on the day. It was the largest one-day percentage loss since August 13.
The move downwards pushed Ethereum's market cap down to $26.94B, or 11.76% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.
Ethereum had traded in a range of $259.46 to $288.01 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 9.84%. The volume of Ethereum traded in the twenty-four hours to time of writing was $1.70B or 11.82% of the total volume of all cryptocurrencies. It has traded in a range of $259.46 to $301.92 in the past 7 days.
At its current price, Ethereum is still down 81.75% from its all-time high of $1,423.20 set on January 13.
Elsewhere in cryptocurrency trading
Bitcoin was last at $7,117.2 on the Investing.com Index, down 2.89% on the day.
XRP was trading at $0.30599 on the Investing.com Index, a loss of 9.35%.
Bitcoin's market cap was last at $123.77B or 54.01% of the total cryptocurrency market cap, while XRP's market cap totaled $12.35B or 5.39% of the total cryptocurrency market value.