Investing.com - Ethereum rose above the $250.18 threshold on Wednesday. Ethereum was trading at 250.18 by 07:27 (07:27 GMT) on the Investing.com Index, up 12.15% on the day. It was the largest one-day percentage gain since January 14.
The move upwards pushed Ethereum's market cap up to $27.24B, or 8.92% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.
Ethereum had traded in a range of $236.73 to $250.19 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 29.61%. The volume of Ethereum traded in the twenty-four hours to time of writing was $19.54B or 13.15% of the total volume of all cryptocurrencies. It has traded in a range of $201.2855 to $250.1928 in the past 7 days.
At its current price, Ethereum is still down 82.42% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $10,325.7 on the Investing.com Index, up 5.34% on the day.
XRP was trading at $0.28986 on the Investing.com Index, a gain of 6.83%.
Bitcoin's market cap was last at $187.89B or 61.54% of the total cryptocurrency market cap, while XRP's market cap totaled $12.63B or 4.14% of the total cryptocurrency market value.