Ethereum Price Update: Upward Trend Continues with Minor Gain

Market Performance Summary

Recent Performance:

Ethereum has seen a slight increase of $2.36 today, marking a 0.10% rise with the current price standing at $2440.59.

Short-Term Trends:

Over the past four days, Ethereum has risen in value for three of them. Additionally, the cryptocurrency has experienced a 2.02% increase over the last two consecutive days.

Monthly and Yearly Performance:

Despite a 6.6% decrease in month-to-date performance, Ethereum remains up by 6.9% year-to-date, showcasing long-term growth.

Historical Data:

Ethereum is currently trading 49.15% below its all-time high of $4800.00 from November 9, 2021. However, the cryptocurrency demonstrates a significant 54.76% increase from its value one year ago.

Price Fluctuations and Trading Patterns

Extremes and Intraday Movement:

The cryptocurrency reached a high of $2518.07 today, marking a 3.27% increase at its intraday peak, reflecting ongoing market volatility.

Additional Information

Note: The Ethereum price information is sourced from Kraken at 5 p.m. ET and data compiled by Dow Jones Market Data, ensuring accuracy and reliability within the market.

(END) Dow Jones Newswires
October 07, 2024 17:30 ET (21:30 GMT)
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