Ethereum surges 10% in rally according to Investing.com


Investing.com – Ethereum was trading at $2,588.62 on the Investing.com Index on Thursday at 14:20 (18:20 GMT), up 10.42% on the day. It was the largest daily percentage gain since August 8.

The upward move boosted Ethereum’s market cap to $311.51 billion, or 14.91% of the total cryptocurrency market cap. At its highest level, Ethereum’s market cap was $569.58 billion.

Ethereum had been trading in a range of $2,322.98 to $2,600.27 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value as it lost 16.89%. The volume of Ethereum traded in the twenty-four hours up to the time of writing was $23.17 billion or 23.88% of the total volume of all cryptocurrencies. It has traded in a range of $2,166.3113 to $3,217.3628 over the past 7 days.

At its current price, Ethereum is still 46.78% below its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last trading at $59,493.3 on the Investing.com index, up 8.56% on the day.

Tether USDt was trading at $1.0003 on the Investing.com index, up 0.02%.

Bitcoin's market cap was last at $1,173.66 billion or 56.18% of the total cryptocurrency market cap, while Tether USDt's market cap was at $115.07 billion or 5.51% of the total cryptocurrency market value.



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