Ethereum rose above the $311.71 threshold on Tuesday. Ethereum was trading at 311.71 by 21:16 (01:16 GMT) on the Index, up 2.38% on the day. It was the largest one-day percentage gain since June 22.
The move upwards pushed Ethereum's market cap up to $33.12B, or 10.00% of the total cryptocurrency market cap. At its highest, Ethereum's market cap was $135.58B.
Ethereum had traded in a range of $310.07 to $312.73 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a rise in value, as it gained 14.1%. The volume of Ethereum traded in the twenty-four hours to time of writing was $7.78B or 12.50% of the total volume of all cryptocurrencies. It has traded in a range of $263.6127 to $320.7867 in the past 7 days.
At its current price, Ethereum is still down 78.10% from its all-time high of $1,423.20 set on January 13, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $11,098.4 on the Index, up 3.47% on the day.
XRP was trading at $0.47352 on the Index, a gain of 3.44%.
Bitcoin's market cap was last at $196.59B or 59.38% of the total cryptocurrency market cap, while XRP's market cap totaled $20.01B or 6.04% of the total cryptocurrency market value.
