The price of Ethereum has recently dropped by 11%

The All foreign exchange dealersrecent price drop has reduced Ethereum's total market value to $299.58 billion, accounting for 14.18% of the total cryptocurrency market value. Previously, Ethereum's market value had peaked at $569.58 billion.

In the past 24 hours, Ethereum's price fluctuated between $2,396.02 and $2,699.73.

In the past seven days, Ethereum's price has fallen by 3.68%, with a significant decline in its market value. As of the time of writing, Ethereum's 24-hour trading volume is $14.89 billion, making up 21.02% of the total cryptocurrency market trading volume.

Over the past week, Ethereum's price ranged between $2,396.0151 and $2,818.0505. Compared to its all-time high of $4,864.06 on November 10, 2021, the current price has dropped by 50.72%.

The market performance of other cryptocurrencies is as follows:

Bitcoin is currently quoted at $58,404.0, down 7.66% for the day. Bitcoin's total market value is $1,191.54 billion, accounting for 56.41% of the total cryptocurrency market value.

Meanwhile, Tether's latest quote is $1.0002, remaining stable with no significant fluctuation. Tether's total market value is $118.08 billion, comprising 5.59% of the total cryptocurrency market value.

These data reflect the current volatility and uncertainty in the cryptocurrency market, and investors should proceed with caution.

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

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