Ethereum was trading at $2,491.51 by 06:24 (10:24 GMT) on the Investing.com Index on Thursday, up 10.04% on the day. It was the largest one-day percentage gain since March 1.
The move upwards pushed Ethereum's market cap up to $286.50B, or 14.20% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $290.29B.
Ethereum had traded in a range of $2,319.93 to $2,498.57 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a stagnation in value, as it only moved 1.03%. The volume of Ethereum traded in the twenty-four hours to time of writing was $45.30B or 23.17% of the total volume of all cryptocurrencies. It has traded in a range of $1,948.9327 to $2,544.5352 in the past 7 days.
At its current price, Ethereum is still down 2.08% from its all-time high of $2,544.54 set on April 16.
Elsewhere in cryptocurrency trading
Bitcoin was last at $54,375.2 on the Investing.com Index, down 0.95% on the day.
Binance Coin was trading at $560.41 on the Investing.com Index, a loss of 1.44%.
Bitcoin's market cap was last at $1,012.07B or 50.15% of the total cryptocurrency market cap, while Binance Coin's market cap totaled $85.35B or 4.23% of the total cryptocurrency market value. Investing.com