$ETH Ethereum was trading at $2,484.82 at 04:10 (01:10 GMT) on Friday, down 10.49% on the day. It was the biggest drop in the cryptocurrency's value since April 6.

The drop was also caused by a reduction in Ethereum's market capitalization to $305.75B, or 9.44% of the total capitalization of all cryptocurrencies. While at its previous peak, Ethereum's capitalization was $569.58B.

Over the past 24 hours, Ethereum has traded in a range of $2,484.82 to $2,639.50.

Over the past 7 days, Ethereum has seen its price rise within a range of 4.35% from its target price. The volume of Ethereum traded in the last 24 hours before the time of publication was $30.80B, or 21.40% of the total volume of all cryptocurrencies. The rate has fluctuated between $2,457,0320 and $2,877,9177 over the last 7 days.

Ethereum is currently down from a high of , set by .

Meanwhile, other cryptocurrencies

Bitcoin was last traded at $102,739.6, according to the Investing.com Index, down 5.24% on the day.

Tether USDt was last traded at $1,0005, according to the Investing.com Index, up 0.06%.

The market capitalization of Bitcoin is $2,066.08B or 63.77% of the total cryptocurrency capitalization, while the market capitalization of Tether USDt is $155.24B or 4.79% of the total crypto market capitalization.