Ethereum Falls 10% In Selloff

Feb 02, 2025 .
- Admin

Investing.com - Ethereum was trading at $2,933.47 by 13:41 (18:41 GMT) on the Investing.com Index on Sunday, down 10.07% on the day. It was the largest one-day percentage loss since August 5, 2024.

The move downwards pushed Ethereum's market cap down to $354.13B, or 18.59% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $569.58B.

Ethereum had traded in a range of $2,932.96 to $3,163.03 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 12%. The volume of Ethereum traded in the twenty-four hours to time of writing was $32.48B or 13.64% of the total volume of all cryptocurrencies. It has traded in a range of $2,932.9590 to $3,434.2664 in the past 7 days.

At its current price, Ethereum is still down 39.69% from its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $97,250.1 on the Investing.com Index, down 4.66% on the day.

XRP was trading at $2.5494 on the Investing.com Index, a loss of 14.82%.

Bitcoin's market cap was last at $1,925.72B or 101.09% of the total cryptocurrency market cap, while XRP's market cap totaled $148.93B or 7.82% of the total cryptocurrency market value.