CentBit.Online – Crypto & Blockchain Expert, Bangladesh
Ethereum ($ETH) has reclaimed the $3,800 level, marking a strong recovery amid recent market volatility and over $675 million in liquidations within the last 24 hours. The second-largest cryptocurrency by market cap is now up over 6.5% from its intra-day low of $3,570, showing resilience despite macroeconomic headwinds and regulatory uncertainty.
What’s Driving ETH’s Surge?
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Rate Cut Optimism: Comments from former President Donald Trump suggesting Fed Chair Jerome Powell may be ready to cut rates have boosted market sentiment across equities and crypto.
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Ethereum ETF Anticipation: Analysts speculate that approval of a spot Ethereum ETF in the U.S. could be nearing, following the success of Bitcoin ETFs.
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DeFi & L2 Activity: Ethereum continues to dominate decentralized finance, and Layer 2 platforms like Arbitrum and Optimism are seeing a spike in on-chain activity.
Key Metrics (as of writing):
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Price: $3,800
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24h Change: +4.3%
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Market Cap: ~$456 billion
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TVL (Total Value Locked): Over $110 billion across Ethereum-based DeFi platforms
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Gas Fees: Averaging 23 gwei – moderate activity
CentBit Insight
“Ethereum is proving its strength as both a tech platform and an investment-grade asset,” said Shafiq Rahman, blockchain strategist at CentBit.Online. “Reaching $3,800 during volatile conditions shows institutional interest remains strong.”
What to Watch Next
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Ethereum Foundation’s upcoming “Pectra” upgrade (Q4 2025)
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U.S. SEC decision on spot Ethereum ETF
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Shifts in staking rewards and validator activity
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Whale accumulation and smart contract growth
CentBit.Online will continue tracking Ethereum’s performance and its impact on DeFi, NFTs, and the broader crypto ecosystem. For Bangladeshi traders and global investors alike, ETH remains a cornerstone of the blockchain economy.
