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Ethereum Climbs 10.42% In Bullish Trade

Published 09/08/2024, 04:22 am
Ethereum Climbs 10.42% In Bullish Trade

Investing.com - Ethereum was trading at $2,588.62 by 04:20 (18:20 GMT) on the Investing.com Index on Thursday, up 10.42% on the day. It was the largest one-day percentage gain since Thursday, August 8, 2024.

The move upwards pushed Ethereum's market cap up to $311.51B, or 14.91% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $569.58B.

Ethereum had traded in a range of $2,322.98 to $2,600.27 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 16.89%. The volume of Ethereum traded in the twenty-four hours to time of writing was $23.17B or 23.88% of the total volume of all cryptocurrencies. It has traded in a range of $2,166.3113 to $3,217.3628 in the past 7 days.

At its current price, Ethereum is still down 46.78% from its all-time high of $4,864.06 set on Wednesday, November 10, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $59,497.3 on the Investing.com Index, up 8.56% on the day.

Tether USDt was trading at $1.0003 on the Investing.com Index, a gain of 0.02%.

Bitcoin's market cap was last at $1,173.66B or 56.18% of the total cryptocurrency market cap, while Tether USDt's market cap totaled $115.07B or 5.51% of the total cryptocurrency market value.

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