Ethereum Climbs 13% In Bullish Trade

Ethereum Climbs 13% In Bullish Trade

Investing.com - Ethereum was trading at $2,357.00 by 20:23 (00:23 GMT) on the Investing.com Index on Wednesday, up 13.11% on the day. It was the largest one-day percentage gain since January 3.

The move upwards pushed Ethereum's market cap up to $271.09B, or 13.02% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $290.29B.

Our top trading bots

Ethereum had traded in a range of $2,328.60 to $2,357.00 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 2.26%. The volume of Ethereum traded in the twenty-four hours to time of writing was $39.25B or 17.15% of the total volume of all cryptocurrencies. It has traded in a range of $1,948.9327 to $2,544.5352 in the past 7 days.

At its current price, Ethereum is still down 7.37% from its all-time high of $2,544.54 set on April 16.

Elsewhere in cryptocurrency trading

Bitcoin was last at $56,745.3 on the Investing.com Index, up 1.78% on the day.

Binance Coin was trading at $597.23 on the Investing.com Index, a gain of 25.08%.

Bitcoin's market cap was last at $1,058.96B or 50.86% of the total cryptocurrency market cap, while Binance Coin's market cap totaled $90.88B or 4.36% of the total cryptocurrency market value.

Read on relating to Investing.com
First Digital Trust announces $2.15M funding for Asian digital payments service
Digital asset custodian First Digital Trust has secured funding to bring crypto asset payment services and upgrades to the Asia Pacific region.The Hong...
r/Wallstreetbets rebans crypto discussions following Bloomberg article
r/Wallstreetbets, a subreddit famous for organizing a pump for Dogecoin and the GameStop short squeeze, is enacting a crypto discussion ban after officially...
Rothschild Investment Corp snaps up quarter of a million shares in Grayscale ETH Trust
Chicago-based financial institution Rothschild Investment Corp, has acquired 265,302 shares in Grayscale’s ETH trust, according to a filing on April 15...
Major Thai bank experimenting with decentralized finance
Kasikornbank, or KBank, one of Thailand’s largest banks, has begun experimenting with DeFi services as part of its business expansion plan.According to...
Exchange tokens rally ahead of next week’s long-awaited Coinbase IPO
Centralized cryptocurrency exchanges (CEX) have received increased attention over the past couple of months as excitement builds over Coinbase's April 14...
Crypto sentiment falls even as Bloomberg tips Bitcoin will hit $400K
Analytics company Santiment reports that cryptocurrency sentiment has fallen to near-record low levels for 2021 — even as some experts are doubling down...
Altcoins notch triple-digit gains as Bitcoin price pushes toward $60K
If this past weekend is any indication of the current bull market cycle, then an altcoin season may be well underway. Similar to previous cycles, after...
Crypto market cap soars to record $2 trillion, bitcoin at $1.1 trillion
By Gertrude Chavez-DreyfussNEW YORK (Reuters) - The cryptocurrency market capitalization hit an all-time peak of $2 trillion on Monday, according to data...
Global fashion brands reportedly considering NFT foray
Fashion giants may be the next globally recognized brands to enter the expanding NFT metaverse.According to Vogue Business, several premium fashion houses...
Michael Jordan, Will Smith join $305M funding round for NBA Top Shot maker Dapper Labs
NBA Top Shot maker Dapper Labs has secured about $305 million in new funding round from investors.According to a report by Business Insider on Tuesday,...
Gambling tokens hit the jackpot as COVID-19 lockdowns drag on
Global developments over the past year have reshaped all aspects of daily life for most people and initiated some structural changes in how society operates....
Crypto Venture Capitalist: BTC Investors Need to Endure As Amazon’s Did
Cyber money venture capitalist, CryptoOracle partner Lou Kerner suggested viewing bitcoin as a survivor like Amazon after 1995-2000 dot-com bubble. He believes...
Ripple’s Price Soared & Dropped Amid Coinbase-Related Rumors
On Monday, March 5, the third most popular, according to Coinmarketcap.com, crypto-coin Ripple experienced both a leap and a drop as rumors concerning...
Bitcoin Plunges Below $6,000, Loses 65% of Value Since The Start Of 2018
2018 seems to be an incredibly disillusioning year for both bitcoin and its ilks. Since the start of the year, BTC has been heading downwards, losing over...
MoneyGram and Ripple Announced a Partnership
American corporation MoneyGram, one of the largest providers of international money transfers, has sighned a partnership agreement with Ripple.What For?According...