ETHUSD — Ethereum Price Chart

Overview

ETHUSD chart

Key facts today

The SEC approved options trading for spot Ethereum ETFs, a key move likely to boost liquidity and draw institutional investors to Ethereum.

Ethereum (ETHUSD) has dropped below $1,620, hitting a low of $1,538. It is now recovering, trading above $1,580 and the 23.6% Fibonacci retracement level.

On April 18, Ethereum options worth $279.79 million expired, totaling 177,130 contracts. The put-to-call ratio was 0.84, indicating more call options than puts.

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About Ethereum

Ethereum — the world’s second-most famous blockchain network — is a platform for creating decentralized applications based on blockchain and smart contract technology (a command that automatically enforces the terms of the agreement based on a given algorithm). It's the chain that birthed DeFi (decentralized finance) and started the NFT craze which saw billions of dollars pour into cryptocurrency. Safe to say, it's one of the big dogs.