2 months ago
Cryptocurrency News

Ethereum Climbs 10% As Investors Gain Confidence

Investing.com - Ethereum was trading at $149.47 by 05:54 (10:54 GMT) on the Investing.com Index on Wednesday, up 10.01% on

Investing.com - Ethereum was trading at $149.47 by 05:54 (10:54 GMT) on the Investing.com Index on Wednesday, up 10.01% on the day. It was the largest one-day percentage gain since December 28, 2018.

The move upwards pushed Ethereum's market cap up to $15.54B, or 11.87% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $138.74 to $149.63 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 14.21%. The volume of Ethereum traded in the twenty-four hours to time of writing was $2.68B or 18.64% of the total volume of all cryptocurrencies. It has traded in a range of $112.5885 to $149.6263 in the past 7 days.

At its current price, Ethereum is still down 89.50% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $3,801.0 on the Investing.com Index, up 2.04% on the day.

XRP was trading at $0.36360 on the Investing.com Index, a gain of 2.77%.

Bitcoin's market cap was last at $67.10B or 51.25% of the total cryptocurrency market cap, while XRP's market cap totaled $14.89B or 11.37% of the total cryptocurrency market value.