$ETH The current price of Ethereum (ETH) is around $1,608.84, with a 1.61% price change in the last 24 hours. However, prices may vary slightly depending on the source, with other reported prices being $1,618.25 and $1,597.45.
*Key Ethereum Price Statistics:*
- *Market Cap Rank*: #2
- *Market Cap*: Approximately $194 billion
- *24h Trading Volume*: Around $5 billion
- *Circulating Supply*: 120,703,159 ETH
- *All-Time High*: $4,878.26 (November 10, 2021)
- *All-Time Low*: $0.432979 (October 20, 2015)
*What Influences Ethereum's Price?*
Ethereum's price can be influenced by various factors, including ¹ ²:
- *Market trends*: Ethereum's price often moves in tandem with Bitcoin and the broader cryptocurrency market.
- *Adoption and usage*: Growing adoption of Ethereum-based applications, such as decentralized finance (DeFi) and non-fungible tokens (NFTs), can positively impact its price.
- *Regulatory developments*: Changes in regulations or government policies can affect Ethereum's price and adoption.
Keep in mind that cryptocurrency prices can be highly volatile and subject to rapid changes. For the most up-to-date information, consider checking reputable cryptocurrency exchanges or market tracking websites ³ ¹ ².
