$ETH

As of June 6, 2025, Ethereum (#ETH ) is trading at approximately $2,495.28 USD, reflecting a decline of about 3.2% over the past 24 hours. The day's trading range has seen lows around $2,408.52 and highs near $2,578.42. Ethereum maintains a market capitalization of approximately $301.36 billion USD, ranking it as the second-largest cryptocurrency by market cap.

This downturn is part of a broader market correction, influenced by recent events such as the fallout between Donald Trump and Elon Musk, which have impacted investor sentiment.

Despite the short-term volatility, institutional interest in Ethereum remains strong. Notably, BlackRock recently made a significant investment of $34.7 million in Ethereum, signaling confidence in its long-term potential.

Technical analysis indicates that Ethereum is facing resistance around the $2,500 level, with potential support in the $2,260–$2,110 range. Investors are advised to monitor these key levels for potential trading opportunities.