Ethereum Climbs 11.43% In Bullish Trade

Investing.com – was trading at $1,591.34 by 21:40 (16:10 GMT) on the Investing.com Index on Wednesday, up 11.43% on the day. It was the largest one-day percentage gain since Sunday, January 24, 2021.

The move upwards pushed Ethereum’s market cap up to $184.25B, or 16.62% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $173.97B.

Ethereum had traded in a range of $1,510.27 to $1,601.43 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 30.34%. The volume of Ethereum traded in the twenty-four hours to time of writing was $42.38B or 29.28% of the total volume of all cryptocurrencies. It has traded in a range of $1,221.1482 to $1,601.4305 in the past 7 days.

At its current price, Ethereum is still down 0.63% from its all-time high of $1,601.43 set on Wednesday, February 3, 2021.

Elsewhere in cryptocurrency trading

was last at $36,924.1 on the Investing.com Index, up 6.47% on the day.

Tether was trading at $1.0019 on the Investing.com Index, a gain of 0.00%.

Bitcoin’s market cap was last at $689.46B or 62.21% of the total cryptocurrency market cap, while Tether’s market cap totaled $27.07B or 2.44% of the total cryptocurrency market value.