PakGazette – Ethereum was trading at $3,473.09 at 12:50 (17:50 GMT) on the PakGazette index on Thursday, down 10.31% on the day. It was the largest one-day percentage loss since November 9, 2022.
The downward move pushed Ethereum’s market cap to $423.79 billion, or 12.41% of the total cryptocurrency market cap. At its highest point, Ethereum’s market capitalization was $569.58 billion.
Ethereum had traded in a range of $3,473.09 to $3,719.52 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value as it lost 10.78%. Ethereum volume traded in the twenty-four hours as of this writing was $55.93 billion or 20.29% of the total volume of all cryptocurrencies. It has traded in a range of $3,473.0872 to $4,102.8984 in the last 7 days.
At its current price, Ethereum is still 28.60% below its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last trading at $98,663.9 on the PakGazette index, down 5.72% on the day.
Tether USDt was trading at $0.9985 on the PakGazette index, a loss of 0.12%.
Bitcoin’s market capitalization last stood at $1,959.58 billion or 57.38% of the total cryptocurrency market capitalization, while Tether USDt’s market capitalization amounted to $140.48 billion. million dollars or 4.11% of the total value of the cryptocurrency market.