Cryptocurrency Ethereum grew by 10%

Ethereum was trading at $1,742.54 by 16:00 (13:00 GMT) on the Investing.com Index on Tuesday, up 10.09% on the day. This was the sharpest daily rise in cryptocurrency since November 10, 2022.

This growth pushed Ethereum's market cap to $213.47B, 18.93% of the market cap of all cryptocurrencies. Ethereum previously peaked at $569.58B.

Over the past 24 hours, the Ethereum currency has been trading in a range of $1,655.74 to $1,742.54.

Over the past 7 days, Ethereum has shown an increase in volume within gained-pct. The volume of Ethereum over the past 24 hours amounted to $15.30B or 15.96% of the total volume of cryptocurrencies. It has traded between $1.371.4655 and $1.742.6299 over the past seven days.

Currently, the Ethereum price is still below 64.18% of its peak value of $4,864.06, which was reached on November 10, 2021.

Meanwhile, other cryptocurrencies

Bitcoin was trading at $26,176.3 on the Investing.com Index, up 17.80% on the day.

Tether traded at $1.0058 on the Investing.com Index, up 0.45%.

The market capitalization of Bitcoin was previously $501.95B or 44.52% of the total market capitalization of all cryptocurrencies, while the market capitalization of Tether was $73.36B or 6.51% of the total cryptocurrency market.