Cryptographic | Ethereum Rebounds After Fire, Now Soars Almost 50%**
Ethereum (ETH) price has rebounded again in less than a month, even has jumped 48,8% and is worth US$2,652. In fact, in the first quarter of 2025 ETH experienced a massive minus.
This can happen due to several factors, such as The Federal Reserve (The Fed) which is back to holding interest rates. In addition, Ethereum Founder Vitalik Butterin plans to make the crypto asset like Bitcoin (BTC), thus increasing the optimism of its investors.
As for the impact of the spike, Ethereum managed to place the 33rd position based on the market capitalization of all assets in the world. In detail, with a market capitalization of US$320,9 billion, ETH managed to beat technology giants such as Alibaba to Hermes.