Ethereum Climbs 10% In Rally

Ethereum was trading at $2,771.67 by 09:04 (13:04 GMT) on the Investing.com Index on Tuesday, up 10.10% on the day. It was the largest one-day percentage gain since May 10. The move upwards pushed Ethereum’s market cap up to $334.05B, or 9.69% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B. Ethereum had traded in a range of $2,657.28 to $2,794.06 in the previous twenty-four hours. Over the past seven days, Ethereum has seen a rise in value, as it gained 5.96%. The volume of Ethereum traded in the twenty-four hours to time of writing was $30.10B or 21.96% of the total volume of all cryptocurrencies. It has traded in a range of $2,385.6846 to $2,794.0627 in the past 7 days. At its current price, Ethereum is still down 43.02% from its all-time high of $4,864.06 set on November 10, 2021. Elsewhere in cryptocurrency trading Bitcoin was last at $109,645.0 on the Investing.com Index, up 2.41% on the day. Tether USDt was trading at $1.0001 on the Investing.com Index, a loss of 0.04%. Bitcoin’s market cap was last at $2,179.76B or 63.21% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $155.20B or 4.50% of the total cryptocurrency market value.