The price of ethereum, or 1 ETH, was $2,299.44 as of 8 a.m. ET. The crypto’s highest intraday price in the past year was $4,088.00 on March 12, 2024. *The return comparisons are as of 8 a.m. ET.

Bitcoin and Ethereum ETFs recorded significant net outflows, despite the U.S. Federal Reserve's announcement of a 50 basis point rate cut.

Unfortunately, despite showing signs of recovery, Ethereum has still been down more than 10% in the past month, currently trading at around $2,350. While some believe that $ETH could reach new heights in Q4,

Ethereum, or 1 ETH, traded at $2,307.70 as of 8 a.m. ET. The highest intraday price the cryptocurrency reached in the past year was $4,088.00 on March 12, 2024. *The return comparisons are as of 8 a.m. ET.

Ethereum price approaches its key resistance level at $2,461; a close above would suggest a bullish move. Bitcoin (BTC) and Ripple (XRP) eye for a rally as they break and find support around their resistance barrier.