Ethereum Climbs 10% As Investors Gain Confidence

January 1, 2025

Investing.com – Ethereum was trading at $3,014.28 by 11:01 (16:01 GMT) on the Investing.com Index on Tuesday, up 10.47% on the day. It was the largest one-day percentage gain since October 12.

The move upwards pushed Ethereum’s market cap up to $362.92B, or 11.76% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $583.89B.

Ethereum had traded in a range of $2,782.31 to $3,022.93 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 3.84%. The volume of Ethereum traded in the twenty-four hours to time of writing was $26.98B or 17.93% of the total volume of all cryptocurrencies. It has traded in a range of $2,719.7856 to $3,094.1436 in the past 7 days.

At its current price, Ethereum is still down 39.18% from its all-time high of $4,955.90 set on August 24.

Elsewhere in cryptocurrency trading

Bitcoin was last at $91,032.3 on the Investing.com Index, up 7.70% on the day.

Tether USDt was trading at $1.0003 on the Investing.com Index, a gain of 0.01%.

Bitcoin’s market cap was last at $1,814.50B or 58.78% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $184.63B or 5.98% of the total cryptocurrency market value.