Ethereum Climbs Above 269.83 Level, Up 8%

Ethereum rose above the $269.83 threshold on Thursday. Ethereum was trading at 269.83 by 02:28 (07:28 GMT) on the Index, up 7.82% on the day. It was the largest one-day percentage gain since February 12.

The move upwards pushed Ethereum's market cap up to $29.64B, or 9.46% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.

Ethereum had traded in a range of $265.23 to $274.21 in the previous twenty-four hours.

Over the past seven days, Ethereum has seen a rise in value, as it gained 30.33%. The volume of Ethereum traded in the twenty-four hours to time of writing was $24.37B or 14.55% of the total volume of all cryptocurrencies. It has traded in a range of $213.1439 to $274.8891 in the past 7 days.

At its current price, Ethereum is still down 81.04% from its all-time high of $1,423.20 set on January 13, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $10,401.6 on the Index, up 0.67% on the day.

XRP was trading at $0.32351 on the Index, a gain of 10.62%.

Bitcoin's market cap was last at $189.88B or 60.60% of the total cryptocurrency market cap, while XRP's market cap totaled $14.17B or 4.52% of the total cryptocurrency market value.