Ethereum (ETH) Surpasses 3,700 USDT with 4.50% Daily Gain

August 5, 2025 – 01:08 AM (UTC)

Ethereum (ETH) has crossed a key psychological threshold, trading at 3,704.60 USDT, according to the latest data from Binance Market. This marks a 4.50% increase over the past 24 hours, signaling renewed investor confidence in the second-largest cryptocurrency by market capitalization.

The price rally reflects continued market momentum, although gains have slightly narrowed compared to previous sessions. Analysts attribute ETH's rise to growing institutional interest, ongoing Ethereum ecosystem upgrades, and improved sentiment in the broader digital asset market.

Ethereum now eyes the 3,750–3,800 USDT resistance zone, with bulls hoping to maintain upward momentum in the coming days.

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