Ethereum Climbs 12% In Rally

Ethereum was trading at $1,372.60 by 12:14 (16:14 GMT), Index on Saturday, up 12.27% on the day. It was the largest one-day percentage gain since June 19.

The move upwards pushed Ethereum’s market cap up to $156.03B, or 16.42% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.

Over the past seven days, Ethereum has seen a rise in value, as it gained 5.65%. The volume of Ethereum traded in the twenty-four hours to time of writing was $14.16B or 28.24% of the total volume of all cryptocurrencies. It has traded in a range of $1,012.2942 to $1,391.4376 in the past 7 days.

At its current price, Ethereum is still down 71.78% from its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading
Bitcoin was last at $21,260.8 on the Investing.com Index, up 2.25% on the day.

Tether was trading at $0.9999 on the Investing.com Index, a gain of 0.03%.

Bitcoin’s market cap was last at $400.79B or 42.17% of the total cryptocurrency market cap, while Tether’s market cap totaled $65.86B or 6.93% of the total cryptocurrency market value.

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