ETHUSD — Ethereum Price Chart

Overview

ETHUSD chart

Key facts today

Ethereum has dropped 14% this week, now trading at $1,830. It nears a key support level at $1,800; a breach could lead to further declines towards $1,500.

Ethereum (ETHUSD) shows rising bearish momentum, with the Relative Strength Index (RSI) dropping below key levels and the Moving Average Convergence Divergence (MACD) turning negative.

Grayscale's ETHE fund holds $2.28 billion in net assets, surpassing BlackRock's ETHA fund at $2.24 billion, contributing to a total of $6.42 billion in assets held by Ethereum ETFs.

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Key stats

About Ethereum

Ethereum — the world’s second-most famous blockchain network — is a platform for creating decentralized applications based on blockchain and smart contract technology (a command that automatically enforces the terms of the agreement based on a given algorithm). It's the chain that birthed DeFi (decentralized finance) and started the NFT craze which saw billions of dollars pour into cryptocurrency. Safe to say, it's one of the big dogs.