The price of Ethereum (ETH) has just surpassed the $4,600 mark, recording an increase of 1.81% for the day.
According to market data on August 27, ETH is trading at $4,600.58 each, reflecting positive momentum in the recent upward trend.
MAIN CONTENT
ETH surpassed the $4,600 mark on August 27.
ETH's growth rate reached 1.81% in 24 hours.
Market data is updated from the OKX trading platform.
What price did Ethereum reach on August 27?
Ethereum (ETH) was recorded at a price of $4,600.58 in the market on August 27. This figure reflects a positive recovery amid the continuously fluctuating cryptocurrency landscape.
This information is based on live trading data from the OKX platform, showing that ETH has surpassed the important milestone of $4,600, marking an impressive increase for the day.
What is the rate of ETH's price increase for the day and what does it mean?
ETH increased by 1.81% in the last 24 hours, representing a positive volatility level for a cryptocurrency that is usually very volatile. This growth rate reflects investors' recovery confidence and renewed attention on Ethereum in the current price cycle.
This growth helps reinforce ETH's position in the cryptocurrency market, thereby attracting new interest from traders and financial institutions.
What is the source of data and the reliability of information about the price of ETH?
ETH price data is sourced from OKX – one of the leading cryptocurrency exchanges, prominent for its trading volume and transparency. Real-time updates provide users and investors with an accurate view of price fluctuations.
OKX is often highly rated for data quality and advanced technology systems, ensuring reliability for cryptocurrency market reports.
Frequently Asked Questions
Is Ethereum the most popular cryptocurrency?
Ethereum is the second largest cryptocurrency in the world by market capitalization, notable for its smart contract technology and diverse ecosystem.
How does the increase in ETH price affect the cryptocurrency market?
The price increase of ETH often contributes to a positive effect on the entire cryptocurrency market due to its central role in many DeFi and NFT applications.
How often is ETH market data updated?
On exchanges like OKX, the price of ETH is updated almost in real-time, helping investors make quick and accurate decisions.
Can the price of ETH hold steady at $4,600?
The price of ETH is influenced by many market factors, so the level of $4,600 may fluctuate, but the current positive signals indicate the possibility of short-term stability.
Is OKX a reputable exchange to monitor ETH prices?
OKX is one of the reputable exchanges with high trading volume, providing reliable and secure data for cryptocurrency users.
Source: https://tintucbitcoin.com/eth-tang-vuot-4-600-usd-hom-nay/
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