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Why is Ethereum (ETH) price up today?

cryptoweekly by cryptoweekly
March 3, 2025
in bitcoin, News
0

Whale accumulation and Trump’s crypto reserve announcement are the positive factors pushing ETH prices up today.

Ether (ETH) jumped 7% in 24 hours to around $2,350 on March 3, briefly topping $2,550 before profit-taking. Despite the rebound, it remains up 13% from its $2,075 low last week.

ETH/USD four-hour price chart. Source: TradingView

Multiple catalysts are helping Ether rebound from its recent lows, namely:

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Recent Posts
  • $5 trillion altcoin season pending as TOTAL2 market cap hits $1.5T
  • CZ is right: There is a structural gap in Web3 trading
  • US SEC Chair Atkins: Education is key for crypto in retirement accounts
  • Metaplanet vs. Semler Scientific: The race to become Bitcoin’s biggest corporate whale
  • SEC Chair Atkins considers innovation exemption to boost tokenization
  • Can ADA price reach $3? Cardano greenlit for 216% rally
  • How Jack Dorsey’s new app lets you chat without the internet and why it matters

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