$ETH Climbs 10% As Investors Gain Confidence
Ethereum was trading at $2,006.35 Index on Thursday, up 10.09% on the day. It was the largest one-day percentage gain since May 8.
The move upwards pushed Ethereum’s market cap up to $239.91B, or 7.74% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.
Ethereum had traded in a range of $1,809.09 to $2,007.34 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 7.86%. The volume of Ethereum traded in the twenty-four hours to time of writing was $22.52B or 18.90% of the total volume of all cryptocurrencies. It has traded in a range of $1,754.3828 to $2,007.3409 in the past 7 days.
At its current price, Ethereum is still down 58.75% from its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
$BTC was last at $99,813.9 Index, up 2.97% on the day.
Tether USDt was trading at $1.0003 on the Investing.com Index, a gain of 0.01%.
Bitcoin’s market cap was last at $1,979.03B or 63.84% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $149.54B or 4.82% of the total cryptocurrency market value.