Ethereum, or 1 ETH, traded at $2,385.83 as of 8 a.m. ET. The highest intraday price the cryptocurrency reached in the past year was $4,088.00 on March 12, 2024. *The return comparisons are as of 8 a.m. ET.

An interesting development last week was that Ethereum (ETH) fees spiked, causing the supply to become deflationary for the first time since March. Let’s analyze why this happen

Ethereum co-founder Vitalik Buterin sold over 1,300 ETH valued at $3.35 million in the past 12 days, according to on-chain data. As Buterin reduces his holdings, savvy traders are seizing the opportunity to buy the dip,