© Reuters Ethereum Investor confidence boosts to 10% and the price surges by 10%
Investing.com – Ethereum stock saw a surge of 10.36% on Saturday, closing the day at $1,562.84. It was the highest percentage gain seen by the cryptocurrency since 2006. November 10, 2022.
The upward momentum caused Ethereum’s market capitalization to reach $181.13 trillion, representing 18.90% of the total cryptocurrency market capitalization. The highest point of the day for Ethereum’s market capitalization was $569.58B.
Ethereum traded within a range of $1,449.47 to $1,576.83 in the last 24 hours.
In the past seven days, Ethereum has seen an increase of 16.73% in value. The total volume of all cryptocurrency transactions in the last 24 hours was $8.29 Billion, or 14.67%. Ethereum traded between $1,259.1548 and $1,576.8301 in the last seven days.
At its current price, Ethereum is still 67.87% lower than the record of $4,864.06 set on November 10, 2021.
Elsewhere in Cryptocurrency Trading
InvestingIndex.com reported that it was last seen at $20,979.7, up 11.69% in the last day.
On the day, Investing.com Index was trading at $1.0002, a gain of 0.01%.
Bitcoin’s market capitalization was $393.81 trillion, representing 41.09% of total cryptocurrency market capitalization. Meanwhile, Tether’s market capitalization was $66.29 billion, or 6.92 percent of the total cryptocurrency market value.
