Ethereum climbs 1.84% today

Ethereum's price has seen a notable increase today.

Ethereum continues to rise with a 1.84% increase

As of 8:11am on June 2, 2023, Ethereum (ETH) is priced at £1,507, which is a 1.84% increase from yesterday's figure of £1,479. The cryptocurrency has a trading volume of £4.4 billion and a market cap of approximately £181.2 billion. The 52-week high for ETH stands at £1,722, with a low of £733. Investors who bought ETH at the low would have seen a substantial return. Over the past week, ETH fluctuated between £1,561 and £1,472, indicating overall positive momentum in the last three months.

The recent increase in Ethereum's price reflects growing confidence in the cryptocurrency market, despite its known volatility. As one of the largest cryptocurrencies by market cap, ETH's performance often influences market trends. Investors should be mindful, however, of the inherent risks associated with crypto assets, as even promising trends can lead to significant losses.

Highlights

The cryptocurrency market remains unpredictable, with prices often influenced by multiple factors.