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 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.

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