Ethereum Surges 10% to $1,740, Driven by Strong Market Momentum
Ethereum Sees Significant Price Surge
Ethereum's price surged 10.23% to $1,739.98, marking its largest one-day gain since April 9. This upward movement pushed its market cap to $208.16B, representing 7.30% of the total cryptocurrency market. Over the past 24 hours, Ethereum traded between $1,545.34 and $1,739.98.
Weekly Gains and Trading Volume
Over the past seven days, Ethereum has gained 7.51%, with a 24-hour trading volume of $21.26B, accounting for 19.79% of the total cryptocurrency volume. Despite recent gains, Ethereum remains 64.23% below its all-time high of $4,864.06, reached on November 10, 2021.
Broader Cryptocurrency Market Update
Bitcoin rose 5.24% to $91,847.5, with a market cap of $1,811.80B, or 63.50% of the total market. Tether (USDT) saw a modest 0.02% increase to $1.0002, with a market cap of $144.74B, or 5.07% of the total cryptocurrency market value.
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