$ETH As of April 23, 2025, Ethereum (ETH) is trading just below $1,800, marking a 12% surge over the past 24 hours. This rally is attributed to positive macroeconomic sentiment and a decrease in selling pressure within ETH derivatives markets, aligning with bullish technical indicators .

Despite this recent uptick, Ethereum has underperformed compared to other major cryptocurrencies in 2025, with its price down nearly 51% year-to-date.