ETH just exceeded the 4,300 USD mark, trading around 4,302.56 USD with a slight decrease of 0.63% during the day.
ETH price recorded a new peak on OKX exchange but also experienced a slight adjustment during the trading session on August 12.
- ETH surpassed the important 4,300 USD threshold in a recent trading session.
- ETH price was recorded at 4,302.56 USD, decreasing 0.63% on August 12.
- Market data published by OKX exchange.
How much did ETH reach in the market?
ETH has just reached a trading level of 4,302.56 USD on OKX.
The 4,300 USD mark is an important psychological and technical threshold for ETH, recorded after a notable price increase period. This demonstrates strong attraction from investors as the currency continuously maintains stable buying pressure recently.
How did ETH price fluctuate on August 12?
On August 12, ETH slightly decreased by 0.63% compared to the previous session.
Despite the price exceeding the 4,300 USD threshold, ETH underwent a small adjustment to balance supply and demand and reflect the overall cryptocurrency market fluctuations. This volatility shows potential accumulation trend and recovery momentum in the upcoming period.
ETH maintains an important mark, demonstrating sustainable growth despite short-term market fluctuations.
Cryptocurrency Market Expert, August 2023
What does market data from OKX mean for investors?
OKX exchange, with its transparency and reputation, provides ETH price data close to actual developments.
Information from OKX helps investors analyze and make more accurate decisions based on continuous price fluctuations and high liquidation. This is also an important reference point for assessing capital flow and buying power in the cryptocurrency market.
What factors have recently influenced ETH price?
ETH price is impacted by overall market trends, major events related to Ethereum, and fluctuations in the cryptocurrency ecosystem.
Updates about network upgrades, halving events, and capital flow from ETH whales contribute to driving prices up and down, creating typical fluctuations and important price levels as mentioned above.
Can ETH price fluctuations be compared with other cryptocurrencies?
ETH price fluctuations often reflect the health of the entire cryptocurrency market.
| Cryptocurrency | Latest Price | August 12 Fluctuation | Significance |
|---|---|---|---|
| ETH | 4,302.56 USD | -0.63% | Slight fluctuation after reaching an important threshold. |
| Bitcoin | No specific data available | — | Maintains market leadership role. |
Frequently Asked Questions
Is the current ETH price the highest in history?
No, ETH has previously reached levels higher than 4,300 USD during periods in 2021 and 2023.
What does ETH surpassing 4,300 USD mean for investors?
This threshold marks a strong recovery of ETH, creating a potential entry point for long-term investors.
Is data from OKX reliable?
OKX is an exchange with large liquidation and reputation, with data closely reflecting market reality.
What factors affect ETH price?
Key factors include overall market, events in the Ethereum ecosystem, and capital flow from whales.
How to effectively track ETH price fluctuations?
Use reputable exchanges and technical analysis tools, and quickly update news.
