Ethereum is currently riding a bullish wave, with its price hitting $3,397.46, reflecting a daily increase of 1.91%. This surge in value underscores Ethereum's position as the second-largest cryptocurrency, boasting a market capitalisation of $409.28 billion.
The trading volume for Ethereum has witnessed a dramatic rise of 37.13% over the last 24 hours, reaching $13.35 billion. This elevates the volume-to-market cap ratio to 3.29%, indicating intensified market engagements and possible hints at future price action.
Now, the question on everyone's mind is whether Ethereum can maintain this momentum and continue its bull run. Only time will tell if Ethereum can break through resistance barriers.
