$ETH Today, April 23, 2025, Ethereum (ETH) is experiencing a dynamic day in the cryptocurrency markets. Currently, the price of ETH stands at $1,796.79, recording an increase of $99.64 compared to the previous close. During the day, the price reached an intraday high of $1,816.69 and a low of $1,697.15.
This performance occurs in a context of renewed interest in cryptocurrencies, driven by macroeconomic factors and institutional movements. Notably, inflows into Ethereum ETFs reached $38.74 million on April 22, ending a ten-day period without inflows, which contributed to pushing the price of ETH above $1,800. Moreover, major market players, such as Galaxy Digital, have made significant moves, transferring large amounts of ETH to exchange platforms, which has sparked speculation about these institutions' future intentions.
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On the technical side, analysts are observing bullish chart formations, suggesting a potential continuation of the upward trend. However, the resistance around $1,860 remains a key level to watch.
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In summary, April 23, 2025, marks a period of positive volatility for Ethereum, supported by fundamental and technical factors, while highlighting the importance of short-term resistance levels.
