according to the Investing.com index, down 10.06% on the day. This was the largest drop since February 5th.

The decline has reduced Ethereum's market capitalization to $193.56B, representing 9.20% of the total cryptocurrency market capitalization. Ethereum's previous peak was $583.89B.

Over the past 24 hours, Ethereum has traded in a range of $1,597.13 to $1,773.94.

Over the past 7 days, Ethereum has lost 19.82%. Ethereum's trading volume over the past 24 hours at the time of publication was $29.45B, or 21.96% of the total cryptocurrency trading volume. Over the past seven days, the price has fluctuated between $1,597.1301 and $2,037.0018.

Meanwhile, other cryptocurrencies

Bitcoin traded at $60,713.5, according to the Investing.com index, down 4.93% on the day.

Tether USDt traded at $1,0001, according to the Investing.com index, up 0.10%.

Bitcoin's market capitalization is $1,218.26B, or 57.92% of the total cryptocurrency market capitalization.

At the same time, the market capitalization of Tether USDt is $187.45B, or 8.91% of the total crypto market capitalization.