Ethereum Soars 30% As Investors Gain Confidence By Investing.com

© Reuters. Ethereum Soars 30% As Investors Gain Confidence

Investing.com – was trading at $1,142.88 by 01:38 (06:38 GMT) on the Investing.com Index on Monday, up 30.02% on the day. It was the largest one-day percentage gain ever.

The move upwards pushed Ethereum’s market cap up to $127.66B, or 14.07% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $135.58B.

Ethereum had traded in a range of $956.60 to $1,145.02 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 57.92%. The volume of Ethereum traded in the twenty-four hours to time of writing was $58.68B or 15.95% of the total volume of all cryptocurrencies. It has traded in a range of $690.2393 to $1,145.0211 in the past 7 days.

At its current price, Ethereum is still down 19.70% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

was last at $33,217.7 on the Investing.com Index, down 2.36% on the day.

Tether was trading at $0.9992 on the Investing.com Index, a loss of 0.10%.

Bitcoin’s market cap was last at $615.53B or 67.86% of the total cryptocurrency market cap, while Tether’s market cap totaled $21.34B or 2.35% of the total cryptocurrency market value.

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