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Ethereum Climbs 11% In Rally

Published Feb 28, 2022 05:35PM ET
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© Reuters Ethereum Climbs 11% In Rally
 
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Investing.com - Ethereum was trading at $2,899.58 by 17:33 (22:33 GMT) on the Investing.com Index on Monday, up 11.40% 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 $340.55B, or 18.31% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $569.58B.

Ethereum had traded in a range of $2,574.12 to $2,899.58 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 9.37%. The volume of Ethereum traded in the twenty-four hours to time of writing was $17.71B or 877.50% of the total volume of all cryptocurrencies. It has traded in a range of $2,303.0701 to $2,899.9438 in the past 7 days.

At its current price, Ethereum is still down 40.39% from its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $42,958.7 on the Investing.com Index, up 13.55% on the day.

Tether was trading at $1.0004 on the Investing.com Index, a loss of 0.02%.

Bitcoin's market cap was last at $793.45B or 42.67% of the total cryptocurrency market cap, while Tether's market cap totaled $79.61B or 4.28% of the total cryptocurrency market value.

Ethereum Climbs 11% In Rally
 

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