$ETH bEthereum's price is currently at $1,891.24, with a 1.5% increase.¹ The market cap is valued at $227,825,607,621, with a circulating supply of 120 million ETH tokens.
In recent news, Ethereum is expected to experience a volatility spike around the US CPI release.² Additionally, Fidelity is seeking ETH ETF staking approval, which could potentially drive Ethereum's price up to $2,200.
Other notable developments include the Ethereum Foundation's 30,000 ETH being potentially at risk, although the truth behind this claim is still unclear. Furthermore, Starknet is planning to settle on Bitcoin and Ethereum to unify the chains.
In terms of price predictions, Ethereum is expected to experience a decline in the short term, with a potential fall below the critical $1,800 support.³ However, some analysts believe that Ethereum's price could rebound to $2,200 or higher in the coming weeks.