Ethereum Weekend Update: A 1.92% Dip in 24 Hours Sends ETH below $25K

As of today, the price of Ethereum stands at $2,455.70, reflecting a notable decrease of 1.92% in the last 24 hours. Although this price has declined over the past week, ETH has mainly had a positive week

Although Ethereum has experienced a slight decline of 0.46% in the last 7 days, during the week, the asset briefly climbing past the $2,700 mark on October 30th. Over the past 24-hour Ethereum’s trading volume is $12.44 billion.

Currently at 2nd on Ethereum boasts a market cap of approximately $295.7 billion, supported by a circulating supply of 120,412,867 ETH coins.

Despite the current downturn, Ethereum’s underlying technology continues to attract interest. As the leading platform for decentralized applications and smart contracts, it remains pivotal in the evolution of the blockchain ecosystem. Analysts and investors are keeping a close eye on Ethereum’s performance.

As we move into the weekend, market watchers will be looking for any signs of recovery or further challenges that Ethereum may face in the ever-changing landscape of digital currencies.