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Negative Sentiment Dominates, Ethereum Crypto Money Price Falls 10%
The price of the Ethereum cryptocurrency was trading at $2,882.29 at 03:24 (20:24 GMT) on the Investing.com Index on Saturday, and the price fell 10.07% for the day. That was the largest single-day percentage loss since April 13.
The downward trend movement has reduced Ethereum's market capitalization down to $352.78B, or 15.85% of the total cryptocurrency market capitalization. At its highest level, Ethereum's market cap was $569.58B.
Ethereum had been trading in a price range of $2,864.43 to $3,296.69 in the previous 24 hours.
Over the past seven days, Ethereum has suffered a collapse in value, and declined 12.25%. The volume of Ethereum traded over the last 24 hours as of press time was $21.72B or 18.26% of the total volume of all cryptocurrencies. The price has been trading in the range of $2,864.4299 to $3,727.8689 in the last 7 days.
Elsewhere in cryptocurrency trading
The cryptocurrency Bitcoin was last at $62,009.4 on the Investing.com Index, down 7.56% for the day.
Tether USDt traded at $1.0019 on the Investing.com Index, and rose 0.15%.
Bitcoin's market cap is at $1,229.11B or 55.22% of the total market share of cryptocurrencies, while the market cap of Tether USDt stands at $107.63B or 4.84% of the total market value of cryptocurrencies.
