Ethereum Dips Below 199.77 Level

10 March, 2020

Ethereum fell bellow the $199.77 level on Tuesday. Ethereum was trading at 199.77 by 03:03 (07:03 GMT) on the Index, down 2.45% on the day. It was the largest one-day percentage loss since March 8. The move downwards pushed Ethereum's market cap down to $22.15B, or 0.00% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $199.71 to $204.60 in the previous twenty-four hours. Over the past seven days, Ethereum has seen a drop in value, as it lost 12.28%. The volume of Ethereum traded in the twenty-four hours to time of writing was $19.63B or 0.00% of the total volume of all cryptocurrencies. It has traded in a range of $190.7319 to $251.5475 in the past 7 days.

At its current price, Ethereum is still down 85.96% from its all-time high of $1,423.20 set on January 13, 2018.


Elsewhere in cryptocurrency trading

  • Bitcoin was last at $7,907.0 on the Index, up 0.33% on the day.
  • XRP was trading at $0.20675 on the Index, a loss of 0.73%.

Bitcoin's market cap was last at $145.00B or 0.00% of the total cryptocurrency market cap, while XRP's market cap totaled $9.11B or 0.00% of the total cryptocurrency market value.


Source  
Gold Up After Stark Powell Speech Spooks Stocks14 May, 2020  

Gold was up on Thursday morning in Asia, with investors turning to the yellow metal after a grim speech by U.S. Federal Reserve chair Jerome Powell...

Gold Rises as Jobless Claims Revive Concerns8 May, 2020  

Gold prices rose as another 3 million Americans filed for jobless benefits, reviving concerns about the outlook for the U.S. economy. Prices were initially subdue...

COVID-19: S&P Report Warns of Soaring APAC Unemployment20 Apr, 2020  

S&P Global Ratings warned in a report that unemployment rates could rise well over 3 percentage points as the number of jobs shrinks. The People's Bank of China...


COVID-19: IMF Predicts Zero Asian Growth16 Apr, 2020  

The International Monetary Fund predicted zero growth for Asia in 2020. Australia posted a better-than-expected unemployment rate, but the rate does not factor...

COVID-19: White House warns of up to 240,000 U.S. deaths1 Apr, 2020  

Stocks start the second quarter on the back foot, after their worst three months in over a decade, as the White House warns...

COVID 19: Worldwide Economic Tsunami24 Mar, 2020  

Moody's Analytics Chief Economist Mark Zandi warned in a report the COVID-19 pandemic has created a “worldwide economic tsunami” and warned...