Investing.com - Ethereum rose above the $260.42 threshold on Thursday. Ethereum was trading at 260.42 by 02:35 (07:35 GMT) on the Investing.com Index, up 6.40% on the day. It was the largest one-day percentage gain since Wednesday, February 19, 2020.
The move upwards pushed Ethereum's market cap up to $28.71B, or 10.05% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.
Ethereum had traded in a range of $257.67 to $264.22 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 2.03%. The volume of Ethereum traded in the twenty-four hours to time of writing was $23.14B or 13.89% of the total volume of all cryptocurrencies. It has traded in a range of $237.8917 to $287.9298 in the past 7 days.
At its current price, Ethereum is still down 81.70% from its all-time high of $1,423.20 set on Saturday, January 13, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $9,606.2 on the Investing.com Index, down 4.72% on the day.
XRP was trading at $0.27547 on the Investing.com Index, a loss of 6.27%.
Bitcoin's market cap was last at $175.38B or 61.36% of the total cryptocurrency market cap, while XRP's market cap totaled $12.12B or 4.24% of the total cryptocurrency market value.