Investing.com - Ethereum was trading at $1,878.04 by 17:31 (21:31 GMT) on the Investing.com Index on Wednesday, up 10.69% on the day. It was the largest one-day percentage gain since July 27.
The move upwards pushed Ethereum's market cap up to $224.23B, or 19.70% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $569.58B.
Ethereum had traded in a range of $1,657.78 to $1,878.04 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 11.93%. The volume of Ethereum traded in the twenty-four hours to time of writing was $22.40B or 27.45% of the total volume of all cryptocurrencies. It has traded in a range of $1,581.1776 to $1,878.0441 in the past 7 days.
At its current price, Ethereum is still down 61.39% from its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $24,141.3 on the Investing.com Index, up 4.35% on the day.
Tether was trading at $1.0001 on the Investing.com Index, a gain of 0.00%.
Bitcoin's market cap was last at $457.53B or 40.19% of the total cryptocurrency market cap, while Tether's market cap totaled $66.53B or 5.84% of the total cryptocurrency market value.