Ethereum Climbs 10% As Investors Gain Confidence
Investing.com – Ethereum was trading at $4,449.80 by 12:24 (17:24 GMT) on the Investing.com Index on Monday, up 10.25% on the day. It was the largest one-day percentage gain since October 1.
The move upwards pushed Ethereum\’s market cap up to $527.15B, or 20.08% of the total cryptocurrency market cap. At its highest, Ethereum\’s market cap was $569.58B.
Ethereum had traded in a range of $4,280.18 to $4,452.16 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 5.31%. The volume of Ethereum traded in the twenty-four hours to time of writing was $20.00B or 17.51% of the total volume of all cryptocurrencies. It has traded in a range of $3,917.4316 to $4,549.7378 in the past 7 days.
At its current price, Ethereum is still down 8.52% from its all-time high of $4,864.06 set on November 10.
Elsewhere in cryptocurrency trading
Bitcoin was last at $58,488.8 on the Investing.com Index, up 8.48% on the day.
Binance Coin was trading at $627.21 on the Investing.com Index, a gain of 6.52%.
Bitcoin\’s market cap was last at $1,104.04B or 42.05% of the total cryptocurrency market cap, while Binance Coin\’s market cap totaled $104.80B or 3.99% of the total cryptocurrency market value.