Ethereum's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum (ETH) has seen a 3.31% increase in price over the last 24 hours, reaching $3,588.46, continuing a positive trend with a 13.0% gain over the past week from $3,146.18. Its all-time high is $4,878.26. Trading volume for ETH has risen by 27.0% over the past week, while its market cap ranks #2 at $428.88 billion.
March 04, 2024 | 7:00 pm
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Ethereum (ETH) has experienced a 3.31% increase in price over the last 24 hours, reaching $3,588.46, with a 13.0% gain over the past week. The trading volume has increased by 27.0%, and its market cap is ranked #2 at $428.88 billion.
The significant increase in Ethereum's price over the past 24 hours and week, along with a rise in trading volume, indicates strong market momentum and investor interest. This positive trend, especially when considering the overall increase in market cap, suggests a bullish outlook for Ethereum in the short term. The detailed statistics provided, including the comparison to its all-time high, further support the potential for continued growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100