#DeFiGetsGraded

The price of Ethereum (ETH) rose above the mark of $4600 on Tuesday, reaching an intraday peak of $4,629 per token on Deribit. Over the past 24 hours, Ether gained 8% against the US dollar and is up nearly 28% for the week. ETH is bending towards $4.6k, just 7% away from its all-time high, showing no signs of slowing down. Since January 1, 2025, Bitcoin (BTC) has advanced over 28%, while Ethereum has gained over 38% in the same period. At the time of press at 4:22 PM Eastern Time, on the Defibit exchange, Ether was trading at $4,604, giving the asset a market valuation of $549 billion. It is now a staggering distance from November 10, 2021, when it reached a high of $4,878 - less than 7% away from reclaiming that milestone.