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Bit Analyst

02/09 12:24

Ethereum’s $4,000 Struggle: A Modest Gain Amid Bit

Ethereum’s $4,000 Struggle: A Modest Gain Amid Bitcoin’s $100K Glory

While bitcoin (BTC) climbed into the $100,000 range, ethereum (ETH) took a modest step upward with a 2% increase but still couldn’t cross the $4,000 threshold.
ETH Faces a $4K Wall: Modest Gains as Market Eyes Bitcoin’s Triumph
The second-largest cryptocurrency by market capitalization—and the 26th most valuable asset globally—ethereum has seen some positive movement, even as bitcoin grabbed most of the spotlight. Over the past day, ETH gained 2% against the U.S. dollar, reaching a daily peak of $3,961 on Dec. 5. However, it fell just short of breaking the $4K ceiling.
ETH/USD daily chart.
At press time, ETH is fluctuating between $3,875 and $3,908 in the last hour, with ether’s trading volume hitting $64 billion. On Dec. 5, ethereum’s top trading pairs include USDT, USD, FDUSD, USDC, BTC, and KRW. The U.S. dollar makes up over 24%.IMG_20250207_120158_016.jpg
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