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21/05/24
285
Ether (ETH) Price Increases By 19 Percent
Crypto market data shows that the price of Ethereum as at 2:58 AM (GMT) on May 21 was $3,678.74, representing a 19.01 percent increase within the previous 24 hours, as well as a 24.9 percent increase in the past week.
The increase in price led to an increase in the market capitalization of ETH to $442.18 billion (16.1 percent of the aggregate crypto market cap), as it maintained the second position in the list of top cryptos by market cap. The lifetime high market cap of the altcoin is $569.58 billion.
Within the previous 24 hours, ETH has traded between $3,068.75 and $3,710.31, while its trading volume was over $32.12 billion which is over 25 percent of the aggregate volume of all cryptos. It has traded between $2,873.99 and $3,710.31 within the previous week.
Based on the price of ETH at the aforementioned time, it remains on the downside by about 24.6 percent from its highest price ever ($4,878.26) attained on November 10, 2021.
The price of BTC at the aforementioned time was $71,298.82, representing a 6.9 percent increase within 24 hours. At the same time, its market capitalization was about $1.404B, representing 51.1 percent of the aggregate crypto market cap.
As for USDT, its value was $0.9998, representing a 0.01 percent decrease in the past 24 hours. At the same time, the market capitalization of USDT was $111.509 billion, representing 4.51 percent of the aggregate crypto market cap.
At press time, the aggregate cryptocurrency market capitalization was about $2.748 trillion, representing a 9.0 percent increase in the past 24 hours, according to CoinGecko data.
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