Investing.com - Ethereum was trading at $1,633.53 by 13:59 (17:59 GMT) on the Investing.com Index on Wednesday, up 10.29% on the day. It was the largest one-day percentage gain since April 9.

The move upwards pushed Ethereum’s market cap up to $191.63B, or 7.40% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.

Ethereum had traded in a range of $1,388.12 to $1,633.53 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 16%. The volume of Ethereum traded in the twenty-four hours to time of writing was $33.68B or 22.61% of the total volume of all cryptocurrencies. It has traded in a range of $1,388.1239 to $1,844.0055 in the past 7 days.

At its current price, Ethereum is still down 66.42% from its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $82,101.2 on the Investing.com Index, up 6.16% on the day.

Tether USDt was trading at $0.9995 on the Investing.com Index, a gain of 0.02%.

Bitcoin’s market cap was last at $1,619.60B or 62.57% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $143.95B or 5.56% of the total cryptocurrency market value.