Investing.com - Ethereum was trading at $2,443.51 by 12:02 (16:02 GMT) on the Investing.com Index on Tuesday, up 10.01% on the day. It was the largest one-day percentage gain since May 10.

The move upwards pushed Ethereum’s market cap up to $294.45B, or 9.06% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.

Ethereum had traded in a range of $2,377.26 to $2,447.36 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a drop in value, as it lost 2.39%. The volume of Ethereum traded in the twenty-four hours to time of writing was $27.90B or 18.34% of the total volume of all cryptocurrencies. It has traded in a range of $2,115.6572 to $2,568.5833 in the past 7 days.

At its current price, Ethereum is still down 49.76% from its all-time high of $4,864.06 set on November 10, 2021.

Elsewhere in cryptocurrency trading

Bitcoin was last at $105,315.2 on the Investing.com Index, up 4.69% on the day.

Tether USDt was trading at $1.0004 on the Investing.com Index, a loss of 0.02%.

Bitcoin’s market cap was last at $2,093.20B or 64.37% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $156.41B or 4.81% of the total cryptocurrency market value.