in

Ethereum Climbs 10% As Investors Gain Confidence By biedexmarkets.com

Federal regulators are preparing to pass judgment on Ethereum Cointelegraph via biedex.marketsBiedex Markets - stockmarket news, ideas tools, data, analysisCryptocurrencies
Federal regulators are preparing to pass judgment on Ethereum Cointelegraph via biedex.marketsBiedex Markets - stockmarket news, ideas tools, data, analysisCryptocurrencies

© Reuters Ethereum Climbs 10% As Investors Gain Confidence

biedexmarkets.com – was trading at $1,562.84 by 19:41 (00:41 GMT) on the biedexmarkets.com Index on Saturday, up 10.36% on the day. It was the largest one-day percentage gain since November 10, 2022.

The move upwards pushed Ethereum’s market cap up to $181.13B, or 18.90% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.

Ethereum had traded in a range of $1,449.47 to $1,576.83 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 16.73%. The volume of Ethereum traded in the twenty-four hours to time of writing was $8.29B or 14.67% of the total volume of all cryptocurrencies. It has traded in a range of $1,259.1548 to $1,576.8301 in the past 7 days.

At its current price, Ethereum is still down 67.87% from its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

was last at $20,979.7 on the biedexmarkets.com Index, up 11.69% on the day.

was trading at $1.0002 on the biedexmarkets.com Index, a gain of 0.01%.

Bitcoin’s market cap was last at $393.81B or 41.09% of the total cryptocurrency market cap, while Tether’s market cap totaled $66.29B or 6.92% of the total cryptocurrency market value.

Written by Sandy Sullivan