#ETH/USDT #ETHUpdate $ETH
Here’s the latest Ethereum (ETH) price in USD (USDT is pegged 1:1 with USD, so this is essentially the ETH/USDT rate):
ETH/USDT — Today’s Update (August 8, 2025)
Current Price: Around $4,049.86 per $ETH , reflecting a significant surge past the $4,000 mark.
Market Highlights:
For the first time since December 2024, Ether has surged back above the $4,000 threshold.
Technical indicators suggest a bullish scenario, bolstered by low exchange supply—currently at a 9-year low—hinting that ETH could potentially break resistance near $4,116 and aim even higher.
Momentum remains strong, and experts are watching for the next breakout, possibly toward $5,000 if trends hold.
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Summary Table
Metric Value / Insight
Price (USD/USDT) ~$4,050
Significance First time above $4K since December 2024
Supply Trend Exchange supply at a 9-year low—improves scarcity
Outlook Bullish momentum with potential for further upside.