$ETH Climbs 10% As Investors Gain Confidence
Ethereum was trading at $2,574.27 , up 10.27% on the day. It was the largest one-day percentage gain since May 8.
The move upwards pushed Ethereum’s market cap up to $309.45B, or 9.28% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.
Ethereum had traded in a range of $2,322.81 to $2,574.27 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 39.07%. The volume of Ethereum traded in the twenty-four hours to time of writing was $28.74B or 23.29% of the total volume of all cryptocurrencies. It has traded in a range of $1,754.3828 to $2,575.4006 in the past 7 days.
At its current price, Ethereum is still down 47.08% from its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $103,699.5 on the Investing.com Index, up 0.89% on the day.
Tether USDt was trading at $0.9998 on the Investing.com Index, a loss of 0.03%.
Bitcoin’s market cap was last at $2,061.68B or 61.85% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $149.89B or 4.50% of the total cryptocurrency market value.