Ethereum cryptocurrency rises by 10% in bullish trading during a rally
The cryptocurrency Ethereum was trading at $2,314.39 at 18:00 GMT on Monday, according to the Investing.com Index, rising 10.24% during the day. This is the sharpest daily increase since February 25.
The increase led to a rise in Ethereum’s market capitalization to $279.44B, which represents 11.05% of the total market capitalization of all cryptocurrencies. Previously, at its peak, Ethereum’s market capitalization reached $583.89B.
Over the last 24 hours, the cryptocurrency Ethereum traded in the range from $2,165.43 to $2,320.19.
Over the last 7 days, the cryptocurrency Ethereum has shown an increase of 14.78%. The trading volume of Ethereum over the last 24 hours amounted to $36.40B, or 27.19% of the total cryptocurrency trading volume. Over the last 7 days, the price fluctuated in the range from $1,991.3092 to $2,320.1902.
Meanwhile, other cryptocurrencies
The cryptocurrency Bitcoin traded at $73,945.8, according to the Investing.com Index, rising 3.58% during the day.
The cryptocurrency Tether USDt traded at $1.0000, according to the Investing.com Index, showing a change of 0.00%.
The market capitalization of Bitcoin is $1.479.45B, or 58.49% of the total cryptocurrency market capitalization.
At the same time, the market capitalization of Tether USDt is $184.02B, or 7.27% of the total market capitalization.
See also: "Bitcoin today: pullback after a jump to $76K; Iran and the Fed in focus"
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