16-7-2025 – Ethereum (ETH) has broken above the $3,200 mark, now trading at $3,202.10 USDT, according to Binance Market Data. The cryptocurrency posted a 5.02% gain over the past 24 hours, underscoring renewed investor confidence and heightened trading activity.
This price movement comes amid a broader recovery across digital asset markets, with Ethereum outpacing several major tokens in recent sessions. Market analysts point to increased on-chain activity and optimism around upcoming network upgrades as contributing factors. The $3,200 level has historically acted as a significant resistance point, and today’s move could signal a shift in short-term market dynamics.
Ethereum’s upward momentum follows a period of volatility that saw the asset dip below key psychological thresholds earlier this month.
