© Reuters. Ethereum 10% in the face of investor confidence
Investing.com – Ethereum was trading at $2,108.57 as of 02:44 (00:44 GMT) on the Investing.com Index Friday, up 10.02% on the day. This is the largest increase since November 10, 2022.
This progression pushed the total capitalization of Ethereum to $253.25B, or 19.85% of the total market capitalization of cryptocurrencies. At its all-time high, Ethereum’s capitalization reached $569.58B.
Ethereum has evolved within a range extending from $2,009.53 to $2,108.80 over the past 24 hours.
Over the last 7 days, Ethereum has posted an increase of +12.03%. The trading volume on Ethereum in the last 24 hours reached $12.93B or 27.92% of the total volume traded across all cryptocurrencies. It was contained in a range of $1,825.6034 to $2,108.7979 over the same period.
At its current price, Ethereum is evolving 56.65% below its historic high of November 10, 2021 at $4,864.06.
Regarding other cryptocurrencies
Bitcoin is currently trading at $30,743.7 according to Investing.com Index, up 2.54% on the day.
Tether is evolving for its part at $1.0002 according to Investing.com Index, a decrease of 0.01%.
Bitcoin’s capitalization is currently $595.05B or 46.65% of the total cryptocurrency market capitalization, while Tether’s capitalization is at $80.84B or 6.34% of the crypto market total.