Ethereum (ETH) rallied sharply on Tuesday, climbing to $1,857.
The asset posted a staggering 119% gain compared to its level at the same time the previous day, when it was trading at $1,835.
The asset had previously traded at $1,880 on Sunday, July 26, marking a significant jump from the prior day's level of $1,853.
The move underscores the continued volatility and upward momentum characterizing the digital asset market.
The surge extends a broader recovery trend that has seen Ethereum gain substantial ground over the past week.
The asset had previously traded at $1,880 on Sunday, July 26, marking a significant jump from the prior day's level of $1,853.
By Wednesday, ETH had climbed further to $1,916, representing a 1.8% increase from the previous session's close of $1,883.