Ether trades at $2,297.96, down 4.38 percent from where it stood 24 hours earlier. Bitcoin lost 2.41 percent over the same period, to $79,543. The second-largest cryptocurrency is falling almost twice as fast as the largest, and in doing so it has slipped below the $2,300 mark that traders have treated as a floor for weeks.
For investors, the gap between the two moves matters more than either percentage on its own. It decides whether you are looking at a broad market decline or at weakness that mainly concerns Ether. This article sets out where things stand, names the levels below and above, and says what counts right now for leveraged positions, for the German holding period and for the October 30 expiry.
Ether at $2,297: a 4.38 percent loss against 2.41 percent for Bitcoin
The intraday high was $2,410.86. From there to the current level is roughly $113, a good 4.7 percent within a single trading day. The market value of all ether adds up to $280.8 billion, and turnover over the past 24 hours to $9.13 billion.
Over a week, Ether and Bitcoin
English (US)