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February 24, 2025, 10:13 AM EST – Ethereum (ETH-USD) is trading at $2,668.96, marking a 4.76% decline (-$133.37) as of 10:13 AM EST. The cryptocurrency opened at $2,819.84 and has fluctuated between $2,656.79 and $2,838.25 during today’s trading session.
Ethereum, the second-largest cryptocurrency by market capitalization, currently holds a market cap of $321.8 billion, with a circulating supply of 120.57 million ETH. Over the past 24 hours, ETH trading volume has reached $24.57 billion, reflecting increased volatility.
Ethereum’s price drop coincides with a mixed performance across global financial markets. U.S. equity index futures are attempting a marginal recovery after Friday’s weakness, while Asian markets remained stable and Germany’s DAX index is trading higher following the country’s anticipated election results.
In the U.S. pre-market session, Nike, American Express, Charles River, and Oracle are trading in the green, whereas Domino’s, Dell, PDD Holdings, and Apple are experiencing declines. Meanwhile, bond yields have remained range-bound, and the U.S. dollar index has rebounded, pressuring commodities such as metals and bullion.
Ethereum has traded within a 52-week range of $2,122.55 to $4,106.96, highlighting its volatility. Investors are monitoring key developments, including the upcoming Ethereum network upgrades and broader market sentiment, which could influence ETH’s next move.
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.