Ethereum's current price is around $2,641.35, with a 4.17% decrease in the last 24 hours. The cryptocurrency's market capitalization stands at approximately $318.86 billion. Here are some key statistics:
- *Current Price*: $2,641.35
- *Market Capitalization*: $318.86 billion
- *24-Hour Trading Volume*: $26.03 billion
- *Circulating Supply*: 120.72 million ETH
- *All-Time High*: $4,891.70
Some analysts predict a bullish trend for Ethereum, with potential price targets of $3,320 and $4,000. Others expect a bearish move, with prices potentially dropping to $2,013. Recent news includes ¹ ²:
- *Institutional Investment*: BlackRock increased its Ethereum exposure to $4 billion, adding $109.5 million via ETFs.
- *Whale Activity*: Abraxas Capital withdrew 44,612 ETH worth about $123 million from exchanges like Binance and Kraken.
- *US Ethereum ETFs*: Saw $240 million in daily inflows, outpacing Bitcoin's $164 million.
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly ¹. $ETH