Ethereum Price Rises 0.19% to $2598.39: Market Insights and Trends

Ethereum Price Rises 0.19% to $2598.39: Market Insights and Trends
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ethereum Price Update: A Positive Trend Amidst Yearly Declines

ethereum‘s Current Performance

ethereum has experienced a modest increase today, rising by $5.05, which translates to a 0.19% gain, bringing its price to $2,598.39.

Recent Milestones

Notable Price Levels

  • This marks the highest closing price at 5 p.m. since June 16, 2025, when it reached $2,670.98.

Significant Percentage Gains

  • The cryptocurrency has recorded its most substantial percentage growth since July 2, 2025, with an increase of 7.27%.

Consistent Upward Movement

  • ethereum has seen positive movement in five out of the last six days.
  • It has also achieved back-to-back daily gains, totaling a 7.48% increase during this period.
  • This two-day performance is the best since the end of June 24, 2025, when it surged by 12.11%.

Year-to-Date Performance

  • Despite recent gains, ethereum is down 22.31% for the year.
  • It has fallen 46.60% from its peak intraday price of $4,865.81 recorded on November 10, 2021.
  • Compared to the same time last year (July 4, 2024), it is down 17.27%, when it traded at $3,140.70.
  • Additionally, it has decreased by 36.72% from its 52-week intraday high of $4,105.92, achieved on December 16, 2024.

Recovery from Recent Lows

  • On a more positive note, ethereum has rebounded by 84.26% from its 52-week intraday low of $1,387.85, which occurred on April 9, 2025.
  • During today’s trading, it reached an intraday high of $2,635.00, marking the highest level since June 17, 2025.
  • At its peak today, it was up 1.61%.

Conclusion

The latest snapshot of ethereum‘s price reflects a mix of optimism and caution, as it continues to navigate through a challenging year.

Note: The ethereum price mentioned is based on a 5 p.m. ET snapshot from Kraken. Data compiled by Dow Jones Market Data.

July 03, 2025, 17:36 ET (21:36 GMT)

Disclaimer: This article is provided for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their own research before making any investment decisions.

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