Binance Square
Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
LIVE
Raid Gul
--・279 views
 Coingape News Media Created 14h ago, last updated 7h ago • 4 mins read  Table of Contents What’s Behind The Ethereum Price Rally? Bullish Market Conditions Ethereum Spot ETF Approval Ethereum has made a shocking recovery as the token gained an 18% surge in the last 24 hours, pushing the value to the highest of the month. At the time of writing, Ethereum price is valued at $3,659.60 with a market capitalization of $439.5 Billion. Moments before surging, ETH price was shallow around the $31K mark, but within 34 minutes, the price jumped to $34K, with a big surge in its number of transactions. Because of that, the trading volume has jumped 253%, pumping the value to $ 37.5billion.

 Coingape News Media

Created 14h ago, last updated 7h ago

•

4 mins read



Table of Contents

What’s Behind The Ethereum Price Rally?

Bullish Market Conditions

Ethereum Spot ETF Approval

Ethereum has made a shocking recovery as the token gained an 18% surge in the last 24 hours, pushing the value to the highest of the month. At the time of writing, Ethereum price is valued at $3,659.60 with a market capitalization of $439.5 Billion. Moments before surging, ETH price was shallow around the $31K mark, but within 34 minutes, the price jumped to $34K, with a big surge in its number of transactions. Because of that, the trading volume has jumped 253%, pumping the value to $ 37.5billion.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
Raid Gul
@Raid_Gul

Explore More From Creator

Value of one bitcoin in Japanese yen reaches record high  BTC  By Blocksays 17m ago • 1 min read  One bitcoin surpassed 11 million Japanese yen (approximately $70,400) on May 21st, marking the first ever such event. After a daily gain of over 7%, the average market price of the first cryptocurrency in US dollars hit a six-week high of $71,650. The Japanese yen was the first local currency to set a new record in the cryptocurrency market, according to CoinMarketCap. According to the experts at CoinMarketCap, this happened because the yen lost value compared to the dollar. The trimester’s findings indicate that the value of the yen declined by over 10% compared to the previous quarter. British, Australian, Canadian, Chilean, Colombian, Egyptian, Israeli, Norwegian, Indian, South Korean, Taiwanese, and Turkish cryptocurrency markets all displayed an increase in Bitcoin prices relative to their national currencies, as pointed out by columnist Thomas Fahrer. These markets were comparable to the historical high points of mid-March. The market price of bitcoin jumped to a new monthly high at the start of the week as large investors resumed buying, according to analysts at Santiment.
--
Value of one bitcoin in Japanese yen reaches record high  BTC  By Blocksays 17m ago • 1 min read  One bitcoin surpassed 11 million Japanese yen (approximately $70,400) on May 21st, marking the first ever such event. After a daily gain of over 7%, the average market price of the first cryptocurrency in US dollars hit a six-week high of $71,650. The Japanese yen was the first local currency to set a new record in the cryptocurrency market, according to CoinMarketCap. According to the experts at CoinMarketCap, this happened because the yen lost value compared to the dollar. The trimester’s findings indicate that the value of the yen declined by over 10% compared to the previous quarter. British, Australian, Canadian, Chilean, Colombian, Egyptian, Israeli, Norwegian, Indian, South Korean, Taiwanese, and Turkish cryptocurrency markets all displayed an increase in Bitcoin prices relative to their national currencies, as pointed out by columnist Thomas Fahrer. These markets were comparable to the historical high points of mid-March. The market price of bitcoin jumped to a new monthly high at the start of the week as large investors resumed buying, according to analysts at Santiment.
--
Binance Square “Write to Earn”: Post Content on Binance Square to Earn 5% Trading Fee Commissions! This is a general announcement. Products and services referred to here may not be available in your region.  Fellow Binancians, Binance Square is pleased to launch the “Write to Earn” promotion for all Binance Square creators. Eligible Binance Square creators who post qualified content on Binance Square during the Promotion Period, may each earn 5% trading fee commissions from their readers’ spot, margin and/or futures trade(s).  Promotion Period: 2024-05-20 00:00 (UTC) to 2024-07-14 23:59 (UTC)  Eligibility: Only Binance Square creators who fulfill all of the following requirements during the Promotion Period will be eligible to participate in this promotion:
--
Bitcoin Price Reaches $67000 Clinching $1.32 Trillion Market Cap, What’s Next? Santiment data indicates the sentiment has shifted toward Bitcoin after the sudden jump in Bitcoin price. BTC price rises 3% to hit over $67,000. By Varinder Singh 1 min ago   HIGHLIGHTS
--
NWC Market Information Popularity #923 Market Cap $ 11.60M Volume (24hours) $ 143,775.99 Circulation Supply 150.40M 53.71% Total Maximum Supply 280.00M Fully Diluted Market Cap $ 21.59M
--

Latest News

Federal Reserve Likely to Maintain Interest Rates in August, Data Suggests
--
Lekker Capital Founder Advises Against Altcoin Investment Amid Market Instability
--
US Federal Reserve May Consider Rate Cut by Year-End, Says Kashkari
--
DYdX V4 Now Available On iOS And Android Platforms
--
BNB Surpasses 610 USDT with a 0.43% Increase in 24 Hours
--
View More
Sitemap
Cookie Preferences
Platform T&Cs
Sitemap
Platform T&Cs
ba-one-trust-cookie