Ethereum surged 10.10% to $2,771.67 on Tuesday, marking its largest single-day percentage gain since May 10th and increasing its market cap to $334.05B, representing 9.69% of the total cryptocurrency market. Over the past week, Ethereum has gained 5.96% in value, while Bitcoin rose 2.41% and Tether USDt saw a slight decrease of 0.04%.
Ethereum experienced a significant intraday rally, trading at $2,771.67, an increase of 10.10%, marking its largest single-day percentage gain since May 10. This upward movement propelled Ethereum's market capitalization to $334.05 billion, constituting 9.69% of the total cryptocurrency market capitalization, though still considerably below its peak market cap of $569.58 billion. In the preceding 24 hours, Ethereum fluctuated between $2,657.28 and $2,794.06. Over the past week, Ethereum's value appreciated by 5.96%, with its 24-hour trading volume reaching $30.10 billion, or 21.96% of the total cryptocurrency volume. Despite this recent surge, Ethereum remains 43.02% below its all-time high of $4,864.06, recorded on November 10, 2021. Concurrently, Bitcoin registered a 2.41% daily gain, trading at $109,645.0 with a market cap of $2,179.76 billion (63.21% of total crypto market), while Tether USDt saw a minor decrease of 0.04% to $1.0001, holding a market cap of $155.20 billion (4.50% of total crypto market).
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request a DemoOverall Sentiment
strongly positive
Sentiment Score
0.70
