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Why is Ethereum (ETH) price up today?

cryptoweekly by cryptoweekly
March 3, 2025
in bitcoin, News
0

Whale accumulation and Trump’s crypto reserve announcement are the positive factors pushing ETH prices up today.

Ether (ETH) jumped 7% in 24 hours to around $2,350 on March 3, briefly topping $2,550 before profit-taking. Despite the rebound, it remains up 13% from its $2,075 low last week.

ETH/USD four-hour price chart. Source: TradingView

Multiple catalysts are helping Ether rebound from its recent lows, namely:

Read more

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Recent Posts
  • Spanish bank BBVA suggests clients make 7% crypto allocation
  • Bitcoin and HYPE could get $844M total windfall from 4 public US firms
  • Bitcoin downside risk lingers, upside hinges on holding above $102K
  • Meta Pool hit with $27M exploit, but attacker flees with only $132K
  • JPMorgan, SEC meet to discuss capital markets moving onchain
  • SEC opens Franklin Templeton XRP, SOL ETF proposals to comments
  • US Senate passes GENIUS stablecoin bill in 68-30 vote

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