Investing.com - Ethereum was trading at $1,223.00 by 21:45 (01:45 GMT) on the Investing.com Index on Wednesday, up 10.86% on the day. It was the largest one-day percentage gain since February 28.
The move upwards pushed Ethereum's market cap up to $145.93B, or 15.56% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $569.58B.
Ethereum had traded in a range of $1,189.82 to $1,224.02 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 33.84%. The volume of Ethereum traded in the twenty-four hours to time of writing was $31.39B or 28.82% of the total volume of all cryptocurrencies. It has traded in a range of $1,078.1089 to $1,832.7004 in the past 7 days.
At its current price, Ethereum is still down 74.86% from its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $22,235.1 on the Investing.com Index, up 6.56% on the day.
Tether was trading at $1.0002 on the Investing.com Index, a gain of 0.00%.
Bitcoin's market cap was last at $419.72B or 44.74% of the total cryptocurrency market cap, while Tether's market cap totaled $71.53B or 7.62% of the total cryptocurrency market value.