Ethereum ($ETH ) News:

Price Update:
According to the latest data, 1 ETH is trading at $3,403.341. The highest intraday price in the past year was $4,088.00 on March 12, 2024.
The 24-hour trading volume is about $7.1 billion.
The market capitalization of Ethereum is $407.36 billion.

Background on Ethereum:
Ethereum is a blockchain-based platform that allows developers to create decentralized applications (dapps) using smart contracts.
Its native cryptocurrency is called Ether (ETH).
Unlike many other cryptocurrencies, Ethereum's supply is unbounded, meaning there is no limit to the amount of Ether in circulation.
The annual inflation rate of Ether is about 4.5%.
Ethereum's issuance schedule evolves over time, adjusting block rewards through community proposals (EIPs) and the difficulty bomb mechanism.

ETF Impact:
Despite a 12.75% drop in the past 30 days, the upcoming Ethereum ETF could further impact prices.
Remember that cryptocurrency prices are extremely volatile, so it is important to stay informed and consider multiple sources when making investment decisions. 🚀📈

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