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Ethereum Price Dropped 20% in a 24-hour Period as Crypto's Total Market Cap Tumbled to the $850 Billion

Amy Liu

Summary: The price of Ethereum, reached a record high of $1,432 set two days ago, is now trading at between $1,050 and $1,100, according to data from CoinMarketCap. That represents a 20% price drop in the last 24 hours. The plunge has taken the total cryptocurrency market capitalization all the way down to $852 billion. Earlier ...

The price of Ethereum, reached a record high of $1,432 set two days ago, is now trading at between $1,050 and $1,100, according to data from CoinMarketCap. That represents a 20% price drop in the last 24 hours.

The plunge has taken the total cryptocurrency market capitalization all the way down to $852 billion. Earlier this month, that figure had moved north of $1 trillion.

By Amy Liu

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