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Ethereum [ETH] Price Weekly Update: Hovering Over $675

Over the past few weeks, the hype around Ethereum, ETH, has reduced and is nowhere close to what it was in the month of January, this year. Even though its price hasn’t reached $1,200 again, it still is holding itself around the $650 – $700 range quite comfortably.

A week in review – ETH price was around $795 on May 6th and suffered a drop of more than $120 over the last 7 days. It is now trading at $680 at the time of writing and appears to be going on the uptrend. In the past 24hrs, it has risen by 3.0% and faces resistance at $700 mark. It still is at the second position with a market cap of $67 Billion.

ether price

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Anshul Mohan

Anshul Mohan

CEO, Editor in Chief
CEO at CoinFrenzy, Mechanical Engineer, Blockchain enthusiast, Writer.