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February 24, 2025, 12:28 PM EST – Ethereum (ETH-USD) is currently trading at $2,679.76, down 4.63% (-$130.08) as of 12:28 PM EST. The cryptocurrency opened at $2,819.84 and has fluctuated between $2,643.71 and $2,838.25 during today’s trading session.
Ethereum, the second-largest cryptocurrency by market capitalization, holds a market cap of $323.1 billion, with a circulating supply of 120.57 million ETH. The 24-hour trading volume stands at $24.47 billion, highlighting sustained investor activity despite the market pullback.
Ethereum’s sharp decline is part of a wider crypto market sell-off, with Bitcoin, Solana, XRP, Dogecoin, and Binance Coin (BNB) also trading in negative territory. Traditional financial markets remain mixed, with bond yields stabilizing and the U.S. dollar index strengthening, contributing to cautious sentiment among investors.
In the U.S. stock pre-market session, major tech and consumer stocks such as Apple and Dell are facing declines, while Nike and Oracle are showing modest gains.
Ethereum has traded within a 52-week range of $2,122.55 to $4,106.96, reflecting strong price volatility. While short-term headwinds persist, Ethereum’s growing institutional adoption, expanding DeFi ecosystem, and upcoming network upgrades remain key factors that could influence long-term price momentum.
Disclaimer: Cryptocurrency investments are highly volatile and speculative. Prices can fluctuate widely, and investors should conduct thorough research or consult financial experts before making investment decisions.