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Ethereum Climbs 10% As Investors Gain Confidence

Published 02/05/2021, 10:42 AM
© Reuters.  Ethereum Climbs 10% As Investors Gain Confidence
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Investing.com - Ethereum was trading at $1,740.15 by 10:41 (15:41 GMT) on the Investing.com Index on Friday, up 10.14% on the day. It was the largest one-day percentage gain since January 24.

The move upwards pushed Ethereum's market cap up to $198.86B, or 16.93% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $189.30B.

Ethereum had traded in a range of $1,589.28 to $1,747.29 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 23.29%. The volume of Ethereum traded in the twenty-four hours to time of writing was $43.04B or 26.10% of the total volume of all cryptocurrencies. It has traded in a range of $1,272.0901 to $1,747.2941 in the past 7 days.

At its current price, Ethereum is still down 0.41% from its all-time high of $1,747.29 set on February 5.

Elsewhere in cryptocurrency trading

Bitcoin was last at $38,143.3 on the Investing.com Index, up 4.25% on the day.

Tether was trading at $1.0009 on the Investing.com Index, a gain of 0.03%.

Bitcoin's market cap was last at $708.84B or 60.36% of the total cryptocurrency market cap, while Tether's market cap totaled $27.82B or 2.37% of the total cryptocurrency market value.

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