Investing.com - Ethereum rose above the $277.68 threshold on Wednesday. Ethereum was trading at 277.68 by 18:34 (07:34 GMT) on the Investing.com Index, up 3.83% on the day. It was the largest one-day percentage gain since Tuesday, February 18, 2020.
The move upwards pushed Ethereum's market cap up to $30.52B, or 10.17% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.
Ethereum had traded in a range of $275.45 to $282.61 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 11.72%. The volume of Ethereum traded in the twenty-four hours to time of writing was $25.81B or 15.02% of the total volume of all cryptocurrencies. It has traded in a range of $237.8917 to $287.9298 in the past 7 days.
At its current price, Ethereum is still down 80.49% from its all-time high of $1,423.20 set on Saturday, January 13, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $10,074.0 on the Investing.com Index, up 2.99% on the day.
XRP was trading at $0.29306 on the Investing.com Index, a gain of 1.09%.
Bitcoin's market cap was last at $183.60B or 61.21% of the total cryptocurrency market cap, while XRP's market cap totaled $12.85B or 4.28% of the total cryptocurrency market value.