$ETH Based on recent updates (as of June 11, 2025), the price of Ethereum (ETH) has seen growth in the past 24 hours. Specifically, the data shows:
* Current ETH price: Approximately $2,760 - $2,790.
* Fluctuation in the past 24 hours: Increased by about +3.43% to +4.18% (depending on the source).
There are several factors that may contribute to this price increase:
* Positive cash flow into Ethereum ETF funds (Ethereum Spot ETF): Although there is no specific information about ETF cash flow today, the general trend in recent times shows the interest of institutional investors in Ethereum through ETF funds. This creates a positive sentiment in the market.
* General cryptocurrency market sentiment: The price of ETH often tends to fluctuate in the same direction as Bitcoin. If Bitcoin shows positive or stable signals, it can lead to the growth of altcoins, including ETH. Some news indicates that Bitcoin is stabilizing after previous fluctuations, even showing a slight upward trend.
* Activity on the Ethereum network: The development of DeFi and NFT applications on the Ethereum platform continues to drive the demand for ETH to pay transaction fees (gas fees). As network activity increases, the demand for ETH also rises, thereby supporting the price.
* Technical indicators: Technical analysis may show buy signals or upward price trends based on indicators such as trading volume, chart patterns, etc.