Crypto update: Ethereum’s weekly review

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Ethereum (ETH) has seen significant growth, with a 8.34% increase in its price over the past five days. Closing at $3,639.53 on January 4, 2025, Ethereum gained $280.08 from the previous week’s price. Here’s a detailed review of Ethereum’s performance during this period:

  1. Price Movement:
    • Ethereum has experienced a 8.34% increase in price over the past five days, rising from $3,607.43 to $3,639.53 at the latest close.
  2. Day’s Range:
    • Ethereum’s price fluctuated within a day’s range of $3,575.83 to $3,645.05, reflecting stable trading throughout the day with minor movements.
  3. 52-Week Range:
    • The 52-week range for Ethereum spans from a low of $2,122.55 to a high of $4,106.96, with the current price positioned closer to the upper end of this range, reflecting strong performance over the past year.
  4. Market Cap:
    • Ethereum’s market capitalization is reported at $438.6 billion, underscoring its strong position as the second-largest cryptocurrency in the market after Bitcoin.
  5. Volume:
    • The volume for the last 24 hours stands at $19.80 billion, showing significant trading activity and liquidity in the Ethereum market.
  6. Circulating Supply:
    • Ethereum’s circulating supply is 120.47 million, contributing to its market position while offering substantial liquidity for trading.

Disclaimer: The information presented in this review is for informational purposes only. It does not constitute financial advice or a recommendation for any investment.

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