Cryptocurrency Ethereum fell by 10% in bearish trading with a pullback

Ethereum was trading at $2,830.64 at 11:21 a.m. (08:21 GMT) on Wednesday, down 10.33% on the day, according to the Investing.com Index. This was the largest drop in cryptocurrency value since November 9, 2022.

The fall also provoked a reduction in the market capitalization of Ethereum to $349.03B, or 16.45% of the total capitalization of all cryptocurrencies. While earlier at the peaks, Ethereum capitalization was $569.58B.

Over the past 24 hours, Ethereum has traded between $2,830.61 and $3,023.06.

Over the past 7 days, the Ethereum cryptocurrency has experienced a drop in value, losing 11.91%. The volume of Ethereum currency traded in the last 24 hours before the publication of this material was $20.27B or 19.90% of the total volume of all cryptocurrencies. The rate varied between $2.830.6101 and $3.347.4514 in the last 7 days.

At the moment, Ethereum has fallen from its high set at .

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