Ethereum rises 10% in rally

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Investing.com – Ethereum was trading at $2,588.62 at 14:20 (18:20 GMT) on the Investing.com Index on Thursday, up 10.42% on the day. It was the biggest one-day percentage gain since August 8.

The move up lifted Ethereum’s market cap to $311.51 billion, or 14.91% of the total cryptocurrency market cap. At its highest point, Ethereum’s market cap was $569.58 billion.

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Over the last twenty-four hours, the Ethereum price has fluctuated between $2,322.98 and $2,600.27.

Ethereum has fallen by 16.89% over the past seven days. Ethereum’s trading volume in the twenty-four hours to the time of writing was $23.17 billion or 23.88% of the total volume of all cryptocurrencies. Over the past seven days, trading has ranged from $2166.3113 to $3217.3628.

The current Ethereum price is still 46.78% lower than its all-time high of $4,864.06 reached on November 10, 2021.

Elsewhere in crypto trading

The last bitcoin price according to the Investing.com index was $59,493.3, up 8.56% on the day.

Tether USDt was trading at $1.0003 on the Investing.com index, up 0.02%.

Bitcoin’s market capitalization was recently $1,173.66 billion, or 56.18% of the total cryptocurrency market capitalization, while Tether’s USDt market capitalization was $115.07 billion, or 5.51% of the total cryptocurrency market value.

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