Stellar Lumens Drops 10.39% Amid Market Rout
On Sunday, Stellar Lumens was trading at $0.22068, experiencing a significant drop of 10.39% by 20:57 (00:57 GMT). This decline marked the largest single-day percentage loss since August 8.
As a result of this downturn, the market capitalization of Stellar Lumens fell to $4.19 billion, representing 1.98% of the overall cryptocurrency market cap. At its peak, Stellar Lumens reached a market cap of $12.12 billion.
In the previous twenty-four hours, Stellar Lumens fluctuated between $0.22027 and $0.22309. Over the past week, the cryptocurrency has remained relatively stagnant, with only a minor change of 0.57%. During the last 24 hours, the trading volume for Stellar Lumens was $68.81 million, accounting for 0.52% of the total volume for all cryptocurrencies. It traded within a range of $0.19586 to $0.24744 during the week.
Currently, Stellar Lumens is down 76.01% from its all-time high of $0.92, which was achieved on January 3.
### Other Cryptocurrency Updates
In broader cryptocurrency trading, Bitcoin was last seen priced at $6,354.9, down 3.96% for the day. Meanwhile, another notable cryptocurrency was trading at $292.21, reflecting a loss of 9.07%.
Bitcoin’s market capitalization stood at $110.28 billion, making up 52.08% of the total cryptocurrency market cap, while Ethereum’s market cap was approximately $29.80 billion, accounting for 14.07% of the total market value of cryptocurrencies.