20-7-2025 – Ethereum has crossed the $3,600 threshold, reaching $3,600.46 USDT, with a 2.59% increase over the past 24 hours, according to Binance Market Data, first reported by Binance. The price surge reflects renewed market optimism surrounding the second-largest cryptocurrency by market capitalization.
The uptick follows a period of volatility in the crypto market, with Ethereum benefiting from growing investor confidence in its ecosystem, particularly due to its role in decentralized finance (DeFi) and smart contract applications. Recent developments, such as Hong Kong’s planned launch of a staked Ethereum ETF, may be contributing to the bullish sentiment, as institutional interest in Ethereum continues to rise. The cryptocurrency’s price movement aligns with broader market trends, with Bitcoin also showing modest gains.
