bitcoin
Bitcoin (BTC) $ 62,022.62
ethereum
Ethereum (ETH) $ 2,420.77
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 563.80
xrp
XRP (XRP) $ 0.532219
cardano
Cardano (ADA) $ 0.350931
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.378672
binance-usd
BUSD (BUSD) $ 0.998626
dogecoin
Dogecoin (DOGE) $ 0.109061
okb
OKB (OKB) $ 41.71
polkadot
Polkadot (DOT) $ 4.13
shiba-inu
Shiba Inu (SHIB) $ 0.000017
tron
TRON (TRX) $ 0.153438
uniswap
Uniswap (UNI) $ 6.85
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 61,905.59
dai
Dai (DAI) $ 1.00
litecoin
Litecoin (LTC) $ 66.80
staked-ether
Lido Staked Ether (STETH) $ 2,419.74
solana
Solana (SOL) $ 143.28
avalanche-2
Avalanche (AVAX) $ 26.01
chainlink
Chainlink (LINK) $ 11.37
cosmos
Cosmos Hub (ATOM) $ 4.58
the-open-network
Toncoin (TON) $ 5.22
ethereum-classic
Ethereum Classic (ETC) $ 18.56
leo-token
LEO Token (LEO) $ 5.96
filecoin
Filecoin (FIL) $ 3.64
bitcoin-cash
Bitcoin Cash (BCH) $ 323.61
monero
Monero (XMR) $ 153.65
Sunday, October 6, 2024
bitcoin
Bitcoin (BTC) $ 62,022.62
ethereum
Ethereum (ETH) $ 2,420.77
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 563.80
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.532219
binance-usd
BUSD (BUSD) $ 0.998626
dogecoin
Dogecoin (DOGE) $ 0.109061
cardano
Cardano (ADA) $ 0.350931
solana
Solana (SOL) $ 143.28
matic-network
Polygon (MATIC) $ 0.378672
polkadot
Polkadot (DOT) $ 4.13
tron
TRON (TRX) $ 0.153438
HomeCryptoEthereumEthereum at $3.5k, provide on exchanges reaches 34-month excessive

Ethereum at $3.5k, provide on exchanges reaches 34-month excessive

The Ethereum (ETH) provide on exchanges has reached its 34-month highs because the asset’s value surpasses the $3,500 mark.

ETH is up by 2.3% prior to now 24 hours and is buying and selling at $3,490 on the time of writing. The second-largest cryptocurrency — with a $419 billion market cap — briefly touched an intraday excessive of $3,517 earlier at present.

Ethereum at $3.5k, supply on exchanges reaches 34-month high - 1

ETH value, whale exercise, RSI and provide on exchanges – July 17 | Supply: Santiment

Ethereum’s day by day buying and selling quantity additionally surged by 7.6%, reaching $19.8 billion.

You may additionally like: Bitcoin mining inventory analyst discusses ‘Trump Bump’

Based on information offered by Santiment, the Ethereum provide on exchanges has reached $19.52 million ETH. This stage was final seen in September 2021 when the asset was buying and selling across the similar value.

Then again, information from the market intelligence platform reveals that the variety of whale transactions plunged by 12% over the previous day — falling from 8,730 to 7,629 distinctive transactions per day.

The motion reveals that the Ethereum provide on exchanges has been rising with small deposits fairly than giant whale transactions.

Furthermore, the ETH Relative Power Index (RSI) is presently hovering on the 60 mark, per Santiment. The indicator reveals that Ethereum is barely overbought at this value level however won’t be in a important place attributable to its giant market capitalization.

One of many predominant value drivers behind the Ethereum value surge is the expectations of spot ETH ETFs within the U.S. The funding merchandise are scheduled to start out buying and selling on July 23.

Learn extra: What is going to the value of Hamster Kombat tokens be at launch?

Ethereum at $3.5k, provide on exchanges reaches 34-month excessive

RELATED ARTICLES

Most Popular