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Bitcoin
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$83,393.00 0.13569
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Ethereum
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$1,937.91 1.57112
Ethereum price
BNB
BNB (BNB)
$619.95 -2.5571
BNB price
Solana
Solana (SOL)
$126.08 0.57411
Solana price
XRP
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$2.30 0.14825
XRP price
Shiba Inu
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$0.0000126 -0.66069
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Pepe
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$0.0000073 3.92449
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Bonk
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$0.0000108 0.59861
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dogwifhat
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Bitcoin
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Ethereum
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$1,937.91 1.57112
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BNB
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$619.95 -2.5571
BNB price
Solana
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$126.08 0.57411
Solana price
XRP
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$2.30 0.14825
XRP price
Shiba Inu
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$0.0000126 -0.66069
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Pepe
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$0.0000073 3.92449
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Bonk
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$0.0000108 0.59861
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dogwifhat
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Popcat
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$0.19338 4.04106
Popcat price
Bitcoin
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$83,393.00 0.13569
Bitcoin price
Ethereum
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$1,937.91 1.57112
Ethereum price
BNB
BNB (BNB)
$619.95 -2.5571
BNB price
Solana
Solana (SOL)
$126.08 0.57411
Solana price
XRP
XRP (XRP)
$2.30 0.14825
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000126 -0.66069
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000073 3.92449
Pepe price
Bonk
Bonk (BONK)
$0.0000108 0.59861
Bonk price
dogwifhat
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$0.480635 0.87329
dogwifhat price
Popcat
Popcat (POPCAT)
$0.19338 4.04106
Popcat price

Ethereum hits $4k amid bullish surge, market awaits Dencun upgrade boost

Brian Stone
Edited by
News
Ethereum hits $4k amid bullish surge, market awaits Dencun upgrade boost

Ethereum reached $4,000 for the first time since December 2021, as the market experienced an uptick.

This occurred as the cryptocurrency market experienced another bullish surge, pushing the market cap to $2.7 trillion. However, the climb was brief, with Ethereum’s price retracting to $3,900 shortly after as traders quickly secured their gains.

ETH’s price movement aligns with a broader bullish sentiment in the market. Despite the excitement, Ethereum’s trading volume only increased by 10% today. This suggests that long-term investors are choosing to hold onto their assets. 

Notably, Bitcoin also achieved a new all-time high of $70,000.

Additionally, Ethereum-based meme coins, such as Shiba Inu, have seen impressive gains, with SHIB jumping over 150% weekly.

The enthusiasm around Ethereum is partly due to the anticipation of the upcoming Dencun upgrade, which is set to launch next Wednesday. The upgrade aims to enhance Ethereum’s scalability and efficiency, which, if successfully implemented, could further stimulate the price of ETH.

This upgrade is a critical step in Ethereum’s evolution, promising to address some of the network’s longstanding challenges.