The price of ethereum, or 1 ETH, traded at $2,649.24, as of 8 a.m. ET. The highest intraday price that ethereum reached in the past year was $4,088.00 on March 12, 2024. *The return comparisons are as of 8 a.m. ET.

Ethereum (ETH) outperformed Bitcoin (BTC) last week. Ethereum trades below the $2,900 resistance area. Can Ethereum increase toward this resistance and break out? It is

Is Ethereum still a worthy investment? And how should ETH holders navigate this downtrend? Let us delve into the Ethereum ecosystem and explore whether investors should remain optimistic or cautious.

Bitcoin‘s market capitalization has soared to $1.35 trillion, establishing a significant $1 trillion lead over Ethereum as BTC prices stabilize just above $68,000. This marks a notable milestone in the cryptocurrency space,