Sunday, Ethereum dropped from 10.07% to $ 2,933.47, marking its greatest loss of one day since August 5, 2024. The net drop reduced its market capitalization to 354.13 billion dollars, representing 18 , 59% of the total cryptocurrency market. The summit of all time from Ethereum remains $ 4,864.06, set on November 10, 2021, which left it down 39.69% of this peak.
In the past 24 hours, Ethereum exchanged between $ 2,932.96 and $ 3,163.03, while its weekly range was $ 2,932.96 to $ 3,434.26. The cryptocurrency has lost 12% in the last seven days, reflecting the continuous lowering feeling. The volume of negotiation in the last day has reached $ 32.48 billion, which represents 13.64% of the total volume of the cryptography market.
Bitcoin also saw a decline, lowering from 4.66% to $ 97,250.1, with its market capitalization of $ 1.93 billion, exceeding the total market capitalization of cryptography at 101.09%. Meanwhile, XRP fell 14.82% to $ 2,5494, bringing market capitalization to $ 148.93 billion or 7.82% of the total market.
The wider market of cryptocurrencies remains under pressure in the middle of increased volatility, traders closely looking at the support levels for potential recovery.
