Ethereum Climbs 13% In Rally

14 Jan 2021, 09:38 · Views 738

Photo: Reuters

(Investing.com) - Ethereum was trading at $1,135.72 by 19:24 (00:24 GMT) on the Investing.com Index on Thursday, up 12.63% on the day. It was the largest one-day percentage gain since January 3.

The move upwards pushed Ethereum's market cap up to $130.78 billion, or 12.81% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $147 billion.

Ethereum had traded in a range of $1,127.92 to $1,144.05 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 3.63%. The volume of Ethereum traded in the twenty-four hours to time of writing was $30.17 billion or 22.80% of the total volume of all cryptocurrencies. It has traded in a range of $917.9643 to $1,347.9818 in the past seven days.

At its current price, Ethereum is still down 20.20% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $37,761.5 on the Investing.com Index, up 9.76% on the day.

Tether was trading at $0.9994 on the Investing.com Index, a loss of 0.08%.

Bitcoin's market cap was last at $706.06 billion or 69.19% of the total cryptocurrency market cap, while Tether's market cap totaled $24.26 billion or 2.38% of the total cryptocurrency market value.

Reprinted from Investing.com. The copyright is reserved by the original author.

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