Ethereum Dips Below 198.76 Level, Down 15%

On Thursday, Ethereum fell bellow the $198.76 level . Ethereum was trading at 198.76 by 02:20 (06:20 GMT) on the Index, down 15% on the day. It was the largest one-day percentage loss since September 5.

The move downwards pushed Ethereum’s market cap down to $20.81B, or 10.27% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.

Ethereum had traded in a range of $198.75 to $226.36 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 9.49%. The volume of Ethereum traded in the twenty-four hours to time of writing was $1.75B or 11.85% of the total volume of all cryptocurrencies. It has traded in a range of $198.75 to $232.66 in the past 7 days.

At its current price, Ethereum is still down 86.03% from its all-time high of $1,423.20 set on January 13./

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