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Ethereum Climbs 10% As Investors Gain Confidence

Published 07/18/2022, 06:28 AM
Ethereum Climbs 10% As Investors Gain Confidence
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Investing.com - Ethereum was trading at $1,494.13 by 06:28 (10:28 GMT) on the Investing.com Index on Monday, up 10.13% on the day. It was the largest one-day percentage gain since July 18.

The move upwards pushed Ethereum's market cap up to $179.57B, or 17.69% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $569.58B.

Ethereum had traded in a range of $1,336.75 to $1,496.38 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 28.79%. The volume of Ethereum traded in the twenty-four hours to time of writing was $21.74B or 28.20% of the total volume of all cryptocurrencies. It has traded in a range of $1,012.2942 to $1,496.3824 in the past 7 days.

At its current price, Ethereum is still down 69.28% from its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $22,335.0 on the Investing.com Index, up 4.51% on the day.

Tether was trading at $0.9999 on the Investing.com Index, a loss of 0.01%.

Bitcoin's market cap was last at $424.38B or 41.80% of the total cryptocurrency market cap, while Tether's market cap totaled $65.89B or 6.49% of the total cryptocurrency market value.

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