Ethereum Cryptocurrency Gains 10% in Bullish Rally
The Ethereum cryptocurrency traded at $2,185.62 at 22:14 (19:14 GMT) on Wednesday according to the Investing.com Index, rising 10.01% during the day. This marks the largest daily increase since March 4.
The surge pushed Ethereum’s market capitalization to $260.66 billion, representing 10.49% of the total cryptocurrency market capitalization. At its peak, Ethereum’s market cap previously reached $583.89 billion.
Over the past 24 hours, Ethereum traded within a range of $1,945.35 to $2,185.67.
During the last 7 days, Ethereum has gained 4.06%. The 24-hour trading volume of Ethereum totaled $30.65 billion, accounting for 20.98% of the total cryptocurrency trading volume. Over the past week, the price ranged between $1,837.20 and $2,185.67.
Meanwhile, Other Cryptocurrencies
Bitcoin traded at $73,851.8 according to the Investing.com Index, gaining 8.04% during the day.
Tether (USDT) traded at $1.0003, posting a 0.01% increase.
The market capitalization of Bitcoin stands at $1.471 trillion, representing 59.23% of the total crypto market cap.
Meanwhile, Tether’s market capitalization amounts to $183.77 billion, or 7.40% of the total cryptocurrency market capitalization.
See also: "Bitcoin Jumps Toward $72,000 Amid Broad Crypto Rally"
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