$ETH Ethereum's current price is around $2,542, with a 7.44% decrease over the last day. Its market capitalization stands at approximately $306.27 billion, with a 24-hour trading volume of $30.44 billion. Here are some key statistics¹:
- *Market Cap:* $306.27 billion
- *24-hour Trading Volume:* $30.44 billion
- *Circulating Supply:* 120.47 million ETH
- *Total Supply:* 122.37 million ETH
- *All-Time High:* $4,866
Ethereum's price movement is influenced by various factors, including² ³:
- *Technical Indicators:* The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest potential short-term relief and bullish crossover.
- *Resistance Levels:* Key resistance lies at $2,646 and $2,700, with immediate support at $2,497.
- *Market Trends:* Ethereum's price needs to stay above $2,300 to maintain a bullish outlook.
Recent news has impacted Ethereum's price, including:
- *SharpLink Gaming's Investment:* The company bought $463 million in ETH, becoming the largest public ETH holder.
- *Global Economic Uncertainty:* Events like the Israel-Iran conflict have contributed to market volatility.
To stay updated on Ethereum's price movement, you can check websites like CoinGecko, Coinbase, or Kraken.⁴ ⁵ ⁶