Investing.com – Ethereum was trading at $2,588.62 by 14:20 (18:20 GMT) on the Investing.com Index on Thursday, up 10.42% on the day. It was the largest one-day percentage gain since August 8.
The move upwards pushed Ethereum’s market cap up to $311.51B, or 14.91% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.
Ethereum had traded 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 to time of writing was $23.17B or 23.88% of the total volume of all cryptocurrencies. It has traded in a range of $2,166.3113 to $3,217.3628 in the past 7 days.
At its current price, Ethereum is still down 46.78% from its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last 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, a gain of 0.02%.
Bitcoin’s market cap was last at $1,173.66B or 56.18% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $115.07B or 5.51% of the total cryptocurrency market value.