On Tuesday, June 3, 2025, the Ethereum (ETH) currency witnessed a significant increase in its value, reaching approximately $2,617.73, marking a 4.89% increase over the past 24 hours. This rise was accompanied by an increase in daily trading volume, which reached around $19.82 billion, indicating notable market activity. 
Reasons for the increase:
• Improvement in investor sentiment: Digital markets experienced a general recovery, contributing to increased investor confidence in cryptocurrencies, including Ethereum.
• Increase in institutional interest: Reports indicated that major investment institutions, such as BlackRock, have increased their holdings of Ethereum, reflecting growing confidence in the currency's future. 
• Movements of major investors: Reports indicated that one of the Ethereum 'whales' made profits of $11 million, raising expectations for the possibility of the price rising to higher levels in the future. #Ethereum
