Ethereum Climbs 14% In Bullish Trade
Investing.com – was trading at $1,166.04 by 04:02 (08:02 GMT) on the Investing.com Index on Thursday, up 13.51% on the day. It was the largest one-day percentage gain since May 31, 2021.
The move upwards pushed Ethereum’s market cap up to $141.17B, or 15.14% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.
Ethereum had traded in a range of $1,156.37 to $1,254.28 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 35.43%. The volume of Ethereum traded in the twenty-four hours to time of writing was $33.58B or 28.77% of the total volume of all cryptocurrencies. It has traded in a range of $1,016.9915 to $1,803.5361 in the past 7 days.
At its current price, Ethereum is still down 76.03% from its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
was last at $21,796.6 on the Investing.com Index, up 5.23% on the day.
was trading at $1.0000 on the Investing.com Index, a gain of 0.06%.
Bitcoin’s market cap was last at $414.87B or 44.51% of the total cryptocurrency market cap, while Tether’s market cap totaled $69.97B or 7.51% of the total cryptocurrency market value.