#ETHETFsApproved Cryptocurrency Ethereum at 19:04 (16:04 GMT) on Monday traded at a price of $2,737.54 according to Investing.com index, down 10.05% on the day. This was the most significant drop in the value of the cryptocurrency since October 10.

The drop also triggered a reduction in Ethereum's market capitalization to $331.16B, or 11.49% of the total capitalization of all cryptocurrencies. Previously, at its peaks, Ethereum's capitalization was $583.89B.

Over the last 24 hours, Ethereum traded between $2,720.53 and $2,996.25.

In the last 7 days, the cryptocurrency Ethereum experienced a price drop of approximately 3.55%. The volume of Ethereum traded in the last 24 hours before the publication of this material was $30.51B or 19.34% of the total volume of all cryptocurrencies. The price varied between $2,720.5325 and $3,094.1436 in the last 7 days.

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