Ethereum (ETH) Surpasses 3,700 USDT with 4.50% 24-Hour Surge

August 5, 2025 – 01:08 AM (UTC)

According to the latest market data from Binance, Ethereum (ETH) has surpassed the 3,700 USDT mark, signaling continued bullish momentum in the crypto market. As of the latest update, ETH is trading at 3,704.600098 USDT, reflecting a 4.50% increase over the past 24 hours.

This price movement comes amid a broader wave of renewed investor confidence and increasing on-chain activity. Although the growth rate has slightly narrowed compared to the previous day’s spike, Ethereum’s performance remains strong, sustaining its position as the second-largest cryptocurrency by market capitalization.

Analysts are closely watching Ethereum’s price action as it nears key resistance levels, with many attributing the recent gains to increased institutional inflows, optimism around Ethereum-based layer-2 solutions, and general market recovery sentiment.

Market participants will be watching for whether ETH can hold above the 3,700 level and potentially target 3,800 USDT in the near term.

---

Let me know if you'd like a shorter social post, graphic summary, or Urdu version.

#BinanceHODLerTOWNS #BTCReserveStrategy #FedGovernorVacancy #TrumpTariffs #MarketRebound