$ETH Ethereum is a decentralized blockchain platform that hosts its own cryptocurrency, Ether (ETH). It serves as a global platform for decentralized applications, allowing users to write and execute censorship-resistant, downtime-resistant, and fraud-resistant software.¹

*Key Features of Ethereum*

- *Smart Contracts*: Ethereum allows the creation and execution of smart contracts, which are autonomous computer programs that automatically execute when certain conditions are met.

- *Application Development*: Developers can create decentralized applications (dApps) using the Ethereum platform.

- *Community Growth*: Ethereum has an active and growing community, with many developers and users contributing to its ecosystem.

*Current State of Ethereum*

- *Price*: The current price of Ethereum is $1,456.03, with a 7.8% increase in the last 24 hours.

- *Market Capitalization*: The market capitalization of Ethereum is $175.75 billion, with a 7.56% increase in the last 24 hours.

- *Trading Volume*: The trading volume of Ethereum in the last 24 hours is $21.98 billion.²

*Recent News about Ethereum*

- *Price Drop*: The price of Ethereum has fallen below its "realized price" recently.

- *Bearish Trend*: The bearish trend of Ethereum has intensified, with a 24% decline in the last 7 days.

- *Bitcoin ETF*: Bitcoin ETFs have lost $109 million in Monday's drop, affecting the cryptocurrency market as a whole.