Express

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

  • The Endgame of Layer 2s, Explained 2 days ago
  • The Bitcoin Halving is Complete! What’s Next? 9 days ago
  • Runes on Bitcoin: The Next Big Opportunity? 11 days ago
  • Uniswap Sued by SEC: What Does it Mean for the Future of DeFi? 17 days ago
  • The Value of Web3 Social, Explained 17 days ago
  • You need to login to comment.