Ethereum Price Surges 6.73% Today as Bullish Sentiment and Greed Index Signal Potential Rise to $2,827.24
Ethereum has surged by 6.73% against the US Dollar in the past 24 hours, outpacing the broader cryptocurrency market, which saw a 5.50% increase in total capitalization during the same period. The second-largest cryptocurrency by market cap also strengthened against Bitcoin, rising 2.44% in the ETH/BTC pairing. At the time of writing, Ethereum is trading at $2,679.96, though it remains 5.21% below its predicted value of $2,827.24 for June 14, 2025.
Over the past month, Ethereum has shown resilience, gaining 5.36%, while its three-month performance reflects a more robust bullish trend with a 37.77% climb. However, the long-term outlook tells a different story—ETH is still down 28.01% compared to its price this time last year, when it traded at $3,722.49. Despite this, market sentiment remains optimistic, with the Fear & Greed Index sitting at 62 (Greed), suggesting investor confidence.
