© Reuters Ethereum Climbs 10% As Investors Gain Confidence
Investing.com – was trading at $1,562.84 by 19:41 (00:41 GMT) on the Investing.com Index on Saturday, up 10.36% on the day. It was the largest one-day percentage gain since November 10, 2022.
The move upwards pushed Ethereum’s market cap up to $181.13B, or 18.90% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.
Ethereum had traded in a range of $1,449.47 to $1,576.83 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 16.73%. The volume of Ethereum traded in the twenty-four hours to time of writing was $8.29B or 14.67% of the total volume of all cryptocurrencies. It has traded in a range of $1,259.1548 to $1,576.8301 in the past 7 days.
At its current price, Ethereum is still down 67.87% from its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
was last at $20,979.7 on the Investing.com Index, up 11.69% on the day.
was trading at $1.0002 on the Investing.com Index, a gain of 0.01%.
Bitcoin’s market cap was last at $393.81B or 41.09% of the total cryptocurrency market cap, while Tether’s market cap totaled $66.29B or 6.92% of the total cryptocurrency market value.