Today, the price of ETH is holding: although it is not the one holding the most among the main cryptocurrencies, at least it is holding better than that of BTC.
Stands out in particular its overall performance over the last seven days, even if there are those who beat it.
The holding of the ETH price
Between Thursday and Friday, the price of Ethereum (ETH) managed to return around $2,970.
To tell the truth, on Friday it had then managed to get back to almost $3,020, and after a return to $2,920 on Saturday, on Sunday it had managed to push itself up to over $3.60.
Yesterday, however, it had then dropped to $2,990, and today it has pushed down to $2,950.
However, the current price is almost perfectly in line with the $2,970 of Friday.
In other words, after the push on Thursday evening, it reached $2,970 on Friday, and in fact, it is staying there, albeit with bull and bear fluctuations.
The comparison with the other crypto
Compared to 24 hours ago, today the price of ETH is showing a -3%, for now.
BTC is instead at -4%, with BNB at -3.5% and Solana even at almost -5%.
In the top 10, only TRX is performing significantly better than ETH, but it is a crypto whose price often moves less than the others.
In reality, the better comparison is probably with the prices from seven days ago.
Ethereum is at +16%, compared to Bitcoin which is stuck at +7.5%.
In the top 10, the +27% of XRP stands out, and the +25% of Cardano, but all the others perform worse than Ethereum.
The trend of the price of ETH
The fact is that since the end of June, an upward trend in the price of Ethereum seems to have been triggered.
After hitting the lowest peaks of 2025 in April below 1,500$, in May it managed at least to climb back above 2,400$, that is, to the levels of late October 2024 prior to the Trump-trade.
To tell the truth, shortly after mid-June, it had marked a quick correction that had brought it back below $2,300, but it was a small matter, moreover recovered very quickly. In fact, by June 23, it had already recovered $2,400.
The true recovery, after that brief rebound, began on June 29, when it moved back above $2,500.
In early July, it managed to climb above $2,600, and starting from July 9, a continuous upward movement began, which took it above $3,000 in the just-concluded weekend.
It should be noted, however, that the maximum of 2025 remains the $3,700 reached at the beginning of January, after surpassing even $4,000 at the end of 2024. Despite this, the point from which the strong retracement of the first half of 2025 began, starting from early February, was precisely those $3,000 that were touched over the weekend.
In other terms, it seems that the prezzo di ETH has now completely absorbed the retracement from the first months of the year.
The comparison with Bitcoin
In reality, the best way to analyze the strength of Ethereum’s price is probably to compare it with the price of Bitcoin.
In particular, analyzing the price of Ethereum in Bitcoin (ETH/BTC), it is discovered that in the first half of April, when the price of Ethereum in dollars had fallen below $1,500, the absolute lows since January 2020 were reached, at 0.0181 BTC.
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Note that the drop in the price of ETH in BTC had actually already started in March 2023, when it was still above 0.0690 BTC.
Therefore, in the second half of April 2025, and then particularly in May, a descending phase that had lasted for more than two years has ended.
Furthermore, for now, the rebound from this point of view has been really limited, because ETH has barely managed to climb back above 0.0250 BTC.
This, on one hand, confirms the end of the declining phase that had lasted since March 2023, and also suggests that the potential price performance of ETH in the coming months could be superior to that of BTC.
Just to provide some reference points, at the end of 2024 ETH was still above 0.0340 BTC, and during the past year it remained for months around 0.0500 BTC.
Moreover, during the last major bull run (the one in 2021), within a few months ETH went from 0.0300 to 0.0770 BTC, and it cannot be completely ruled out that something similar might happen again this year, sooner or later.