Investing.com - Ethereum was trading at $1,997.01 by 22:21 (12:21 GMT) on the Investing.com Index on Wednesday, up 10.69% on the day. It was the largest one-day percentage gain since Monday, May 31, 2021.
The move upwards pushed Ethereum's market cap up to $232.25B, or 17.09% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $479.29B.
Ethereum had traded in a range of $1,823.57 to $2,043.10 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 20.35%. The volume of Ethereum traded in the twenty-four hours to time of writing was $36.25B or 24.87% of the total volume of all cryptocurrencies. It has traded in a range of $1,707.2377 to $2,459.1147 in the past 7 days.
At its current price, Ethereum is still down 54.26% from its all-time high of $4,366.10 set on Wednesday, May 12, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $34,011.2 on the Investing.com Index, up 8.76% on the day.
Tether was trading at $1.0003 on the Investing.com Index, a loss of 0.20%.
Bitcoin's market cap was last at $637.50B or 46.91% of the total cryptocurrency market cap, while Tether's market cap totaled $62.75B or 4.62% of the total cryptocurrency market value.