The price of ETH is $1,832.98 USD.
The 24-hour trading volume is $4.63 billion USD.
ETH is down 0.04% in the last 24 hours.
The circulating supply of ETH is 120,179,157 ETH.
The market capitalization of ETH is $222.21 billion USD.
ETH is ranked #2 in market capitalization.
The price of ETH has been declining in recent days, following the broader sell-off in the cryptocurrency market. The Federal Reserve's hawkish tone in recent days has also weighed on the price of ETH, as investors are concerned about the impact of higher interest rates on the cryptocurrency market.
Despite the recent decline, ETH is still up by about 1.19% in the past 7 days. The long-term outlook for ETH is positive, as the network continues to develop and adoption of Ethereum-based applications grows.
Here are some of the factors that could impact the price of ETH in the near future:
The overall performance of the cryptocurrency market.
The actions of the Federal Reserve and other central banks.
The development of Ethereum-based applications.
The adoption of Ethereum by institutional investors.
It is important to remember that the cryptocurrency market is volatile and the price of ETH can fluctuate significantly in a short period of time. Investors should do their own research before making any investment decisions.
