$ETH The ETH/USD trading pair measures Ethereum's value against the US dollar, facilitating conversions between fiat and the second-largest cryptocurrency. Traded on platforms like Coinbase, it reflects market dynamics, including Ethereum's technological shifts (e.g., proof-of-stake), regulatory changes, and crypto trends. High liquidity ensures efficient trades with tight spreads, though ETH's volatility versus the stable dollar demands cautious strategy. This pair is pivotal for accessing Ethereum's ecosystem—decentralized finance (DeFi), NFTs, and smart contracts—enabling investors to enter or exit positions using fiat. Traders must monitor network upgrades, macroeconomic factors, and market sentiment to navigate risks and opportunities in this rapidly evolving space