© Reuters Ethereum rises 10% as investors gain confidence
Investing.com – Ethereum was trading at $3,530.72 at 19:27 (23:27 GMT) on the Investing.com Index on Wednesday, up 10.04% on the day. It was the largest one-day percentage gain since March 20.
The upward move pushed Ethereum's market cap to $424.04 billion, or 16.59% of the total cryptocurrency market cap. At its highest point, Ethereum's market capitalization was $569.58 billion.
Ethereum had traded in a range of $3,063.60 to $3,530.83 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value as it lost 11.82%. Ethereum volume traded in the twenty-four hours as of this writing was $36.98 billion or 21.82% of the total volume of all cryptocurrencies. It has traded in a range of $3,063.6050 to $4,009.9158 in the last 7 days.
At its current price, Ethereum is still 27.41% below its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last trading at $67,839.7 on the Investing.com index, up 9.33% on the day.
Tether USDt was trading at $1.0003 on the Investing.com index, a gain of 0.04%.
Bitcoin's market capitalization last stood at $1,335.28 billion or 52.23% of the total cryptocurrency market capitalization, while Tether USDt's market capitalization amounted to $103.80 billion. million dollars or 4.06% of the total value of the cryptocurrency market.
