BitcoinSistemi 2025-08-12 17:39:09

Ethereum (ETH) Price Hits $4.500 – Why is ETH Rising? Here’s What You Need to Know

Ethereum (ETH) briefly tested the $5,000 level today, continuing its strong uptrend in recent days. At the time of writing, ETH is trading at $4,470.96, up 4.12% intraday, bringing its market capitalization to $539.92 billion. This level is just 8.05% away from its all-time high of $4,891.70 recorded in November 2021. Chart showing the rise in ETH price. According to market data, 24-hour trading volume increased by 7.59% to $161.06 billion, while open interest in futures increased by 5.38% to $61.34 billion. A total of $420.31 million in positions were liquidated in the crypto market over the past 24 hours. $156.35 million of this came from Ethereum and $55.76 million from Bitcoin. Related News: Trump May Announce a New Candidate for FED Chair: Here Are His Views on Cryptocurrency One of the key drivers behind the surge was Bitmine Immersion Technologies (BMNR)'s massive acquisition plan. The company announced today that it plans to sell up to $20 billion worth of shares to increase its holdings of Ethereum. Bitmine's current ETH holdings stand at 1.15 million ETH (approximately $4.96 billion), equivalent to approximately 1% of the total circulating ETH supply. Bitmine, chaired by renowned investor Tom Lee, aims to own 5% of the circulating ETH in the long term. This strategic goal sent the company's shares soaring more than 14% on Monday, with its share price up over 600% since the beginning of the year. *This is not investment advice. Continue Reading: Ethereum (ETH) Price Hits $4.500 – Why is ETH Rising? Here’s What You Need to Know

La maggior parte ha letto le notizie

Ethereum Price Outlook: Institutional Buying...
2025-08-13
Taiko Preconfirmations: Blazing Fast Transact...
2025-08-13
Is Zora turning Ethereum L2 Base into a Solan...
2025-08-13
XRP Investment Strategist Unveils $50,000 Pla...
2025-08-13
Shiba Inu Shows Potential for Bullish Momentu...
2025-08-13
XYO is available for trading!
2025-08-13
Shiba Inu Sees 300% Increase in Big-Money Tra...
2025-08-13
Top LTC Whale Shares $50,000 Strategy To Prof...
2025-08-13

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta