Today, ethereum's $365.05 billion market capitalization is second to bitcoin's. Bitcoin and ethereum represent 69.02% of the entire cryptocurrency market. Behind ethereum, the third-largest crypto is BNB, with a market cap of just $87.98 billion.

ETH has struggled to initiate an uptrend on the charts Most market indicators and metrics looked bearish At press time, Ethereum’s [ETH] daily and weekly price charts remained green. However, the trend might be short-lived.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is witnessing a significant downturn, with its price falling to approximately $2,881.50. This represents a stark 6.5% decrease within just one day,

Ethereum (ETH) has been facing continuous selling pressure with its price staying just above the $3,000 support.

Ethereum (ETH) is hovering around $2,984, down by 1% in the last 24 hours, its trading volume is $10.9 billion.

Ethereum’s ‘ultrasound’ money narrative is at risk after the Dencun upgrade, said CryptoQuant. Ethereum's EIP-7702 would address concerns raised about the previous EIP-3074. Ethereum's recent price action suggests it may be gathering momentum for a bullish run.

Ethereum price slid 7% in the last 48 hours, breaking below $3,000 on May 8. But spikes in ETH network usage suggest a major rebound phase lies ahead.