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Ethereum Climbs 11% In Bullish Trade

Investing.com – Ethereum was trading at $2,676.49 by 14:03 (19:03 GMT) on the Investing.com Index on Wednesday, up 11.13% on the day. It was the largest one-day percentage gain since August 8.

The move upwards pushed Ethereum’s market cap up to $322.71B, or 12.92% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.

Ethereum had traded in a range of $2,422.03 to $2,677.91 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a stagnation in value, as it only moved 0.43%. The volume of Ethereum traded in the twenty-four hours to time of writing was $38.82B or 18.59% of the total volume of all cryptocurrencies. It has traded in a range of $2,362.9089 to $2,677.9063 in the past 7 days.

At its current price, Ethereum is still down 44.97% from its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $75,245.8 on the Investing.com Index, up 9.03% on the day.

Tether USDt was trading at $1.0010 on the Investing.com Index, a gain of 0.09%.

Bitcoin’s market cap was last at $1,488.40B or 59.58% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $120.60B or 4.83% of the total cryptocurrency market value.

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