Ether (ETH) Price Skyrockets: Crypto Surges Nearly 5% to Break Above $1,640
NEW YORK, NY – The price of Ether (ETH), the world’s second-largest cryptocurrency, posted impressive gains on Wednesday, April 12th, signaling strong upward momentum in the digital asset market.
As of 6:20:59 PM UTC, Ether was trading actively at 74.44, translating to a robust 4.75% gain within the 24-hour period tracked.
The 1-day chart for ETH/USD illustrates a clear bullish trend throughout the session. Ether began the period trading below its previous closing level of approximately $1,567.04. After a minor dip in the early hours (UTC), the cryptocurrency initiated a steady ascent. This upward movement accelerated sharply in the afternoon, pushing the price to an intraday high near the $1,670 mark before experiencing a slight pullback to its current level around $1,641.
This notable climb reflects increased buying pressure and positive sentiment surrounding Ether, pushing its value considerably higher compared to the start of the day. The data reflects continuous trading typical of the cryptocurrency market.
