Ethereum, the second-largest cryptocurrency, has s
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Ethereum, the second-largest cryptocurrency, has struggled under the $2,000-mark for much of 2026. However, that didn't seem to be the case at press time.
In fact, it was trading at $2,047 after climbing by 7% in just 24 hours.
It's still worth looking at what preceded ETH's latest price action though.
After collapsing by more than 60% from its peak, Ethereum has spent much of February 2026 grinding sideways near $1,920. Its recent bounce from $1,750 prevented another breakdown.
Given that the altcoin's price is now well above $2,000, capital flows should be looked at too. Did they have an impact? Did they fuel ETH's hike above $2k?
Ethereum ETFs see fresh institutional inflows
Were institutions accumulating while sentiment stayed fragile?
Ethereum recorded $9.23 million in net ETF
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