Ethereum was trading at $3,858.24 by 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 move upwards pushed Ethereum’s market cap up to $463.71B, or 18.45% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.
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 a rise in value, as it gained 16.43%. The volume of Ethereum traded in the twenty-four hours to time of writing was $45.04B or 20.09% of the total volume of all cryptocurrencies. It has traded in a range of $3,237.2808 to $3,899.9900 in the past 7 days.
At its current price, Ethereum is still down 20.68% from its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last 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 cap was last at $1,318.18B or 52.46% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $100.61B or 4.00% of the total cryptocurrency market value.