@cherryv
Market Update: Ethereum (ETH)
• Price: ~$4,750 (+1.5% 24h)
• 24h High/Low: $4,879 / $4,674
• Market Cap: ~$573B
• Volume (24h): ~$57B
$ETH just printed a new all-time closing high near $4,845, with intraday spikes close to $4,880
Catalyst? Jerome Powell’s dovish tone at Jackson Hole, hinting at rate cuts and igniting bullish flows. 📈
YTD performance: +45%, outpacing Bitcoin’s +25%. Institutions and retail both leaning heavy on ETH right now.
⚡️ Trend: Strong bullish momentum, but expect high volatility as ETH flirts with price discovery.
#Ethereum #ETH #Crypto
1 reply
5 recasts
3 reactions