The recent price drop has reduced Ethereum's total market value to $299.58 billion, accounting for 14.18% of the total cryptocurrency market value. Previously, Ethereum's market value had peaked at $569.58 billion.
In the past 24 hours, Ethereum's price fluctuated between $2,396.02 and $2,699.73.
In the past seven days, Ethereum's price has fallen by 3.68%, with a significant decline in its market value. As of the time of writing, Ethereum's 24-hour trading volume is $14.89 billion, making up 21.02% of the total cryptocurrency market trading volume.
Over the past week, Ethereum's price ranged between $2,396.0151 and $2,818.0505. Compared to its all-time high of $4,864.06 on November 10, 2021, the current price has dropped by 50.72%.
The market performance of other cryptocurrencies is as follows:
Bitcoin is currently quoted at $58,404.0, down 7.66% for the day. Bitcoin's total market value is $1,191.54 billion, accounting for 56.41% of the total cryptocurrency market value.
Meanwhile, Tether's latest quote is $1.0002, remaining stable with no significant fluctuation. Tether's total market value is $118.08 billion, comprising 5.59% of the total cryptocurrency market value.
These data reflect the current volatility and uncertainty in the cryptocurrency market, and investors should proceed with caution.
