$ETH
Here's a market overview for Ethereum (ETH) on June 13, 2025:
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đ Price Snapshot â USD
Current price: ~$2,543.77 (down ~$224.76, or ~8.1%)
Daily range: $2,465.99 â $2,768.53
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đ Price in Bangladeshi Taka
From CoinGecko: ~ŕ§ł222,859 per ETH
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đ Whatâs Driving ETH Today?
1. Resurgence fueled by stablecoins:
ETH has begun outperforming BTC, up ~2.4% over the past five days, as it hosts around half of all stablecoins (like USDC). Increased institutional interest via tokenization (e.g., BlackRock, Fidelity) and upgrades like Pectra support its utility .
2. Crypto market sell-off:
Todayâs sharp drop reflects broader crypto declinesâBitcoin fell ~4%, and Ether dropped ~7%, as investors fled to safe-haven assets like gold amid rising geopolitical tensions .
3. Inflation-related optimism earlier this week:
ETH approached $2,800 ahead of U.S. inflation data around June 11, supported by institutional inflows and macroeconomic positioning .
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đŽ Longer-Term Trends
StanChart outlook: Analyst noted L2 competition is capping Ethereumâs upside; they reduced year-end target to ~$4,000, though long-term forecasts still anticipate rebound to ~$6â7.5K by 2026â27 .
Technical & institutional support: On-chain data shows ETH staking near record highs, boosting confidence. Forecasts suggest a rebound to $3,400 and beyond (65% upside), with some even predicting potential highs of $5K+ in coming years .
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â Summary
Timeframe Outlook & Price Drivers
Today Sharp drop (~8%) amid risk-off sentiment; safe-haven rotation
Medium term Stablecoin demand, tokenization, upgrades (Pectra) = bullish
Long term Capped upside short-term due to L2s; potential growth by 2026â2027
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đ§ What to Watch Next
Geopolitical shiftsâany fresh tension may hit crypto again.
Macroeconomic dataâespecially U.S. inflation and Fed policy, which helped ETH rally earlier this week.
Ethereum network updates like Pectra, and trends in stablecoin/DeFi activity on-chain.