Ethereum Climbs 10% In Bullish Trade
Ethereum was trading at $370.46 by 22:20 (02:20 GMT) on the Investing Index on Thursday, up 10.08% on the day. It was the largest one-day percentage gain since August 1.
The move upwards pushed Ethereum’s market cap up to $41.31B, or 12.26% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.
Ethereum had traded in a range of $350.86 to $370.46 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 16.54%. The volume of Ethereum traded in the twenty-four hours to time of writing was $15.79B or 14.18% of the total volume of all cryptocurrencies. It has traded in a range of $314.1303 to $399.5758 in the past 7 days.
At its current price, Ethereum is still down 73.97% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $10,383.3 on the Investing.com Index, up 2.52% on the day.
Tether was trading at $1.0023 on the Investing.com Index, a gain of 0.03%.
Bitcoin’s market cap was last at $191.90B or 56.98% of the total cryptocurrency market cap, while Tether’s market cap totaled $14.46B or 4.29% of the total cryptocurrency market value.