Ethereum rises 15% in bullish trades
Investing.com – Ethereum was trading at $3,858.24 at 14:28 (19:28 GMT) on the Investing.com Index on Wednesday, up 14.89% on the day. It was the largest one-day percentage gain since November 10, 2022.
The upward move pushed Ethereum's market capitalization up to $463.71 billion, or 18.45% of the total cryptocurrency market capitalization. At its highest point, Ethereum's market capitalization was $569.58 billion.
Ethereum had traded in a range of $3,503.51 to $3,899.99 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen an increase in value as it gained 16.43%. The volume of Ethereum traded in the twenty-four hours up to the time of writing was $45.04 billion or 20.09% of the total volume of all cryptocurrencies. It has traded in a range of $3237.2808 to $3899.9900 in the last 7 days.
At its current price, Ethereum is still 20.68% below its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last trading at $67,095.0 on the Investing.com Index, up 4.76% on the day.
Tether USDt was trading at $1.0012 on the Investing.com index, a gain of 0.18%.
Bitcoin's market capitalization last stood at $1,318.18 billion or 52.46% of the total cryptocurrency market capitalization, while Tether USDt's market capitalization amounted to $100.61 billion. million dollars or 4.00% of the total value of the cryptocurrency market.
