On this Friday (8), Ethereum (ETH), the second-largest cryptocurrency in the world, recorded a rise of over 4% and surpassed the $4,000 mark. This is the first time the coin has reached this value since December of last year.
According to data from CoinDesk, the strong appreciation of Ethereum contrasts with the stability of Bitcoin (BTC), bringing the ETH/BTC ratio to its highest level in 2025.
Around noon, the price slightly retreated, trading at around $3,980. For the week, the asset has already gained approximately 9.7%, while for the year, the appreciation exceeds 19%.
What is driving Ethereum?
According to CoinDesk's analysis, the recent upward movement in altcoins over the last 24 hours can be explained by three main factors:
Expectation of interest rate cuts in the U.S. – The possibility of a reduction in American rates has encouraged investors to seek higher-risk assets, such as cryptocurrencies.
Settlement in the Ripple (XRP) case – The conclusion of the SEC's lawsuit against Ripple generated optimism in the market and alleviated regulatory uncertainties.
Companies adopting crypto in treasury – An increasing number of companies are directing part of their resources to crypto assets, increasing demand.
Additionally, new measures announced by U.S. President Donald Trump in support of the cryptocurrency sector have reinforced the positive sentiment and contributed to the appreciation of other digital assets.
