Ethereum

JUST IN: Ethereum ($ETH) reclaims $2,000

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The price of the first altcoin (I.e alternative coins) Ethereum (ETH) surged 5% to $2030 price levels reclaiminng the $2k price point. Albeit the general crypto landscape is facing consolidation ETH seems to break the nuance. This move by Ethereum is tandem with the incoming Ethereum upgrades called "Pectra Upgrade""

The Pectra upgrade is bringing faster transactions, lower fees, & better staking to ETH! With account abstraction (EIP-7702) & higher staking limits (EIP-7251), Ethereum is stepping up its game against Solana!

Technical Outlook
As of the time of writing, ETH is up 5.12% with a bullish Relative strength index (RSI) of 69 hinting at a continuous rising trend. The 38.2% Fibonacci retracement level is serving as pivot point a move to the $2300 zone would catalyse a bullish spree for Ethereum.

Ethereum Price Live Data
The live Ethereum price today is $2,027.90 USD with a 24-hour trading volume of $13,340,876,260 USD. Ethereum is up 7.20% in the last 24 hours. The current CoinMarketCap ranking is #2, with a live market cap of $244,618,878,972 USD. It has a circulating supply of 120,626,703 ETH coins and the max. supply is not available as per data from CMC.

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