Ethereum (ETH) Trading Updates – June 5, 2025
Current Price (USD): $2,605.96 (as of Jun 5, 2025, 5:01 am EDT)
24-Hour Trading Volume: $9.92 billion
24-Hour Price Change: –0.50% (approximate)
7-Day Price Change: –2.77%
Market Capitalization: $315 billion (approximately)
Recent Price Trends & Context
Ethereum remains the second-largest cryptocurrency by market cap. Over the past week, ETH has retraced by about 2.8%, reflecting broader market consolidation after a mid-month rally. Trading volumes have been elevated (~$10 billion/day), indicating sustained interest despite modest pullbacks.
Key factors influencing ETH’s price right now include:
Network Upgrades: Preparations for the Pectra upgrade—expected mid-2025—have kept developers and validators active, supporting baseline demand.
DeFi Activity: Total value locked (TVL) on Ethereum-based DeFi protocols remains near $55 billion, fueling consistent on-chain usage fees.
Macro Sentiment: Crypto markets have shown slight risk-off behavior amid rising US Treasury yields, applying downward pressure across major coins.
Live Price Chart (Snapshot)
Below is a chart of ETH/USD over the last 7 days, illustrating the recent dip and partial recovery. This chart updates in real-time on most trading platforms, but here is a static overview up through June 4.
Price (USD)
2800 ─╮
2750 │
2700 │ ╭╮
2650 │ ╭╯│ ╭╮
2600 │ ╭╮ ╭╯ ╰╮╭╮╭╯│
2550 │ ╭╯╰╮╭╯ ╰╯╰╯ ╰╮
2500 │ ╭╯ ╰╯ ╰╮
2450 │ ╭╯ │
└─┴─────────────────┴─
May 29 Jun 4
Chart data is illustrative; for live updates, please refer to your exchange of choice.
---
If you need more granular analysis—such as order-book dynamics, on-chain metrics, or predictions on upcoming forks—feel free to let me know!