Investing.com - Ethereum was trading at $2,653.37 by 09:29 (14:29 GMT) on the Investing.com Index on Wednesday, up 10.93% on the day. It was the largest one-day percentage gain since September 22, 2021.
The move upwards pushed Ethereum's market cap up to $315.02B, or 18.07% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $569.58B.
Ethereum had traded in a range of $2,417.14 to $2,658.43 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 15.55%. The volume of Ethereum traded in the twenty-four hours to time of writing was $16.83B or 0.02% of the total volume of all cryptocurrencies. It has traded in a range of $2,161.5486 to $3,270.7107 in the past 7 days.
At its current price, Ethereum is still down 45.45% from its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $38,377.1 on the Investing.com Index, up 5.69% on the day.
Tether was trading at $1.0007 on the Investing.com Index, a gain of 0.02%.
Bitcoin's market cap was last at $727.30B or 41.71% of the total cryptocurrency market cap, while Tether's market cap totaled $78.22B or 4.49% of the total cryptocurrency market value.