Ethereum Climbs 11% In Bullish Trade

Ethereum was trading at $2,503.37 by 02:17 (06:17 GMT) on the Investing.com Index on Tuesday, up 10.84% on the day. It was the largest one-day percentage gain since May 20.

The move upwards pushed Ethereum's market cap up to $303.51B, or 15.30% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $569.58B.

Ethereum had traded in a range of $2,415.98 to $2,546.14 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 23.74%. The volume of Ethereum traded in the twenty-four hours to time of writing was $47.68B or 24.59% of the total volume of all cryptocurrencies. It has traded in a range of $2,166.3113 to $3,348.6304 in the past 7 days.

At its current price, Ethereum is still down 48.53% from its all-time high of $4,864.06 set on November 10, 2021. Elsewhere in cryptocurrency trading

Bitcoin was last at $55,578.6 on the Investing.com Index, up 7.99% on the day.

Tether USDt was trading at $1.0008 on the Investing.com Index, a gain of 0.09%.

Bitcoin's market cap was last at $1,104.21B or 55.65% of the total cryptocurrency market cap, while Tether USDt's market cap totaled $114.62B or 5.78% of the total cryptocurrency market value.

Source: Investing.com