Ethereum Climbs 11.96% In Rally

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Investing.com – was trading at $1,050.12 by 20:09 (18:09 GMT) on the Investing.com Index on Sunday, up 11.96% 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 $126.86B, or 14.74% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.

Ethereum had traded in a range of $938.24 to $1,074.12 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 31.18%. The volume of Ethereum traded in the twenty-four hours to time of writing was $24.08B or 27.84% of the total volume of all cryptocurrencies. It has traded in a range of $883.3521 to $1,454.0662 in the past 7 days.

At its current price, Ethereum is still down 78.41% from its all-time high of $4,864.06 set on Wednesday, November 10, 2021.

Elsewhere in cryptocurrency trading

was last at $19,487.2 on the Investing.com Index, up 6.98% on the day.

was trading at $0.9992 on the Investing.com Index, a gain of 0.01%.

Bitcoin’s market cap was last at $370.79B or 43.07% of the total cryptocurrency market cap, while Tether’s market cap totaled $68.10B or 7.91% of the total cryptocurrency market value.