Ethereum was trading at $276.32 by 12:32 (16:32 GMT) on the Index on Monday, up 10.08% on the day. It was the largest one-day percentage gain since May 19.
The move upwards pushed Ethereum's market cap up to $29.25B, or 10.58% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.
Ethereum had traded in a range of $262.96 to $276.33 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 10.93%. The volume of Ethereum traded in the twenty-four hours to time of writing was $11.77B or 12.17% of the total volume of all cryptocurrencies. It has traded in a range of $231.8873 to $276.3262 in the past 7 days.
At its current price, Ethereum is still down 80.58% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $8,875.4 on the Index, up 10.23% on the day.
XRP was trading at $0.44317 on the Index, a gain of 13.97%.
Bitcoin's market cap was last at $157.13B or 56.84% of the total cryptocurrency market cap, while XRP's market cap totaled $18.25B or 6.60% of the total cryptocurrency market value.
