Discover Ethereum's impressive 30% surge in value and its impact on the cryptocurrency market. Will it continue to rise? Read more!
After weeks of stagnation, Ethereum’s price finally saw a remarkable surge, increasing its market share in the cryptocurrency market. In the past 24 hours, its price grew by about 12.5% surpassing $1,800, while Bitcoin (BTC) only grew by around 6%, and the overall cryptocurrency market grew by 5%. This surge pushed the total market value back to the $3 trillion level. Ethereum has recovered around 30% from its price low on April 9th when it dropped to $1,400, leading many analysts to see this comeback as a sign of the end of the downward trend for the second-largest cryptocurrency in the market.
