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February 27, 2025 | 9:44 AM EST
Ethereum (ETH) has fallen 3.29%, losing $79.20 to trade at $2,329.31 as of 2:44 PM UTC. The cryptocurrency’s daily range has fluctuated between $2,305.88 and $2,376.46, signaling increased market volatility.
Market Overview
- Market Cap: $280.865 billion
- Circulating Supply: 120.58 million ETH
- 24-Hour Trading Volume: $30.65 billion
- 52-Week Range: $2,122.55 – $4,106.96
Ethereum’s latest dip aligns with a broader crypto market downturn, with analysts citing profit-taking by investors and macroeconomic uncertainties. Over the past 24 hours, ETH has experienced a trading volume of $31.08 billion, highlighting strong activity despite the price decline.
Despite the decline, Ethereum remains a dominant force in the blockchain space, with continued interest in decentralized finance (DeFi) and Ethereum Layer-2 solutions. Analysts predict that if ETH maintains support above $2,300, a rebound towards $2,500 could be possible in the coming weeks.
Disclaimer: Cryptocurrency investments carry significant risks. This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and consult with financial professionals before making any investment decisions.