Title: Ethereum Climbs 14% In Bullish Trade

Jun 16, 2022 04:04AM ET

By: AnalysisWatch

On Thursday, Ethereum was trading at $1,166.04 at 04:02 AM ET on the Investing.com index, registering a 13.51% rise in a single day—the largest percentage increase since May 31, 2021.

The upward trend made Ethereum's market capitalization rise to $141.17 billion, representing 15.14% of the total cryptocurrency market capitalization. At its top, Ethereum's market capitalization was $569.58 billion.

Ethereum has traded in a range of $1,156.37 to $1,254.28 in the last twenty-four hours.

In the last seven days, Ethereum has lost 35.43% of its value. The volume of Ethereum traded in the twenty-four hours higher to the time of writing was $33.58B, or 28.77% of the total cryptocurrency volume. In the last 7 days, it has ranged between $1,016.9915 and $1,803.5361.

At the current price, Ethereum is still 76.03% away from its all-time high of $4,864.06, reached on November 10, 2021.

Bitcoin was last at $21,796.6 on the Investing.com index, up 5.23%.

Tether was trading at $1.0000 on the Investing.com Index, up 0.06%.

Bitcoin's market cap was last at $414.87B, or 44.51% of the total cryptocurrency market cap, while Tether's market cap was $69.97B, or 7.51% of the total cryptocurrency market value.