Ethereum Price

Follow the Ethereum price in euro, dollar and pound

Above you can see the current Ethereum price in the interactive chart. It will show you the Ethereum value in EUR, USD and GBP over the past 24 hours.

Just like Bitcoin, Ethereum a cryptocurrency. You can trade Ethereum around the clock, also during weekends, holidays and nights. Traditional stocks are different and can only be traded during business hours (just as most of the companies). You can trade cryptocurrency on a lot of different exchanges on the internet, that’s why it’s available 24 hours a day and 7 days a week.

Furthermore you can choose to see how the price has performed over the last 7 days, 30 days, since the beginning of the year (this is shown with YTD) and since the first listing (ALL, which stands for all-time). The widget is provided by our partner Bitvavo.

ETH price in euro and dollar

The information below gives you insight into the Ethereum performance of the past month and week. In addition, you can see the current market capitalization and the highest and lowest price of the past 24 hours.

Click EUR or USD to switch between euro and dollar.

Please note that the price may vary by a few euros compared to the price at the top of the page. This is due to the fact that two different suppliers provide the data.

The history of the Ether price

The young Russian man named Vitalik Buterin began his internet career writing for the BitcoinMagazine. When Vitalik moved to Canada, he learned more and more about Bitcoin and blockchain and he saw his chance to create a new, better and improved cryptocurrency. Vitalik wanted his new currency to use less mining resources, and he wanted to prevent having to implement a new blockchain when you want to start a new currency.

Vitalik thought it would be more convenient when everyone would implement its own technology onto a central blockchain. After long thinking he started the Ethereum platform in 2013. It included its own cryptocurrency officially called Ether, but everybody just says Ethereum.

Ethereum would have the same functions as Bitcoin, but it would fix a lot of flaws that Bitcoin had. Vitalik also introduced the integrated smart contracts to this second generation cryptocurrency. You can run ERC-20 tokens on his blockchain without creating your own blockchain network. Well known examples of these tokens are Chainlink, Basic Attention Token and 0x.

The first listing of Ethereum was on the 30^th of July 2015 with an Ether value of $0,50. By then, over 72 million ETH were already mined.

Just like Bitcoin the Ethereum price is very volatile. The price doubled in a month after the listing and decreased with 50% the month after. Investing in ETH is not for someone with a weak heart.

2016

In 2016, the price steadily rose to $10 in the spring and stabilized around that point during the summer and spring.

2017

Just like Bitcoin, 2017 was a fantastic year for Ethereum. By the start of spring, the Ethereum price climbed smoothly to $50, and at the beginning of summer, it reached $250.

The market exploded during the bull run of November and December 2017, which was a fantastic time for all cryptocurrencies. By early January 2018, Ethereum climbed to $1,200.

2019

Of course, the crash hit hard for the rest of 2018, and the price dropped back to $90. If you had entered at the peak, it would have been quite painful.

Just like Bitcoin, 2019 was a year of stabilization (still with many ups and downs), and 2020 started very well.

2020

2020 became a great year for Ethereum, with the Ether price rising from $130 to above $700. This was mainly due to the popularity of DeFi coins and the further rollout of Ethereum 2.0. Also, Ethereum staking went live in 2020. The bull run seems to have started at the end of 2020 for the entire crypto market, including Ethereum.

2021

In 2021, the upward trend continued, along with the popularity of DeFi platforms. More and more celebrities invested in crypto and diversified their portfolios with Ethereum. Also, institutional interest expanded towards Ether.

However, the popularity led to significant performance issues on the network, causing ETH to struggle with itself. Transactions slowed down and gas fees were extremely high. This allowed other platforms, such as Binance Smart Chain, to rise in value as well.

Despite the challenges, Ethereum kept breaking records and surpassed both $2,000 and $3,000 for the first time in 2021. There was even a price target of over $10,000 in 2021.

The $10,000 Ethereum price target was not reached in 2021. The all-time high in 2021 was on November 16 at $4,891. Later in 2021, ETH dropped further, following Bitcoin’s price. The year ended at $3,682.

2022

Ethereum experienced significant price volatility in 2022, influenced by both macroeconomic factors and key events in the crypto market. The year began with declines due to macroeconomic uncertainties, followed by a recovery in March driven by optimism around the Merge. The collapse of Terra (LUNA) and liquidity issues in June caused further drops. Recovery in July and August 2022 was supported by the approaching Merge, but despite the success of the Merge in September, the price remained volatile. The year ended lower due to the FTX crisis and macroeconomic pressure.

• January: Ethereum started the year at $3,683.05 but dropped significantly to $2,688.28, possibly due to macroeconomic uncertainties and tighter monetary policies.
• February: The price slightly increased to $2,919.20, despite market uncertainties from geopolitical tensions, including the Russian invasion of Ukraine.
• March: Ethereum saw a strong rise, peaking at $3,470.19 before ending the month at $3,281.64, partly due to optimism surrounding the Merge.
• April: A market correction followed, with Ethereum falling to $2,730.19 after earlier peaks above $3,500, influenced by profit-taking and weakening market sentiment.
• May: Ethereum sharply dropped to $1,942.33, possibly due to broader market unrest caused by the collapse of Terra (LUNA) and the de-pegging of stablecoin UST.
• June: Prices fell further to $1,067.30 due to liquidity issues in the crypto market, including problems at Celsius and Three Arrows Capital.
• July: Ethereum recovered strongly, rising to $1,681.52, driven by increasing optimism around the Merge upgrade.
• August: Further gains were made, peaking at $2,022.79 before closing at $1,553.68, partly due to profit-taking after the July rally.
• September: Ethereum saw volatility, closing at $1,327.98, lower than its peak of $1,784.50, despite the successful Merge on September 15.
• October: A recovery was noted with a closing price of $1,572.71, rising from $1,328.19, possibly in response to positive inflation data and market recovery.
• November: Prices fell to $1,295.69 after renewed market uncertainty, primarily due to the FTX collapse.
• December: Ethereum ended the year at $1,196.77, with a downward trend despite earlier recovery attempts, influenced by macroeconomic uncertainties and low trading volumes.

2023

In 2023, Ethereum experienced significant price fluctuations with highs and lows influenced by market trends, network integrations, staking activity, and macroeconomic factors. The price started the year at around $1,196.71 and ended at $2,281.47, with a peak of $2,445.02 in December. Key events included the growth of liquid staking platforms and potential approval of Bitcoin ETFs.

• January: Ethereum started the year around $1,196.71, rising to $1,586.54, largely due to a recovering market after a decline in 2022, as discussed in a market rally analysis.
• February: The price continued to rise to $1,605.90, peaking at $1,732.80 as the market reacted to positive economic signals and growing expectations of Ethereum network upgrades, as mentioned in this article.
• March: Ethereum surged to $1,822.02, peaking at $1,853.89, driven by increasing expectations for network upgrades and altcoin speculation, as noted in a price prediction article.
• April: The price peaked at $2,137.45 but closed at $1,876.92, impacted by profit-taking and macroeconomic concerns in the US, as reported in the Shanghai upgrade update.
• May: The price remained stable around $1,874.13 with a peak of $2,017.56, possibly due to macroeconomic developments. Analysts predicted a potential new bull market due to improved market sentiment, as highlighted in a market analysis.
• June: Ethereum rose to $1,933.19, fluctuating between $1,624.14 and $1,945.27. The month also saw increased staking activity within the Ethereum network, highlighted in an article on staking activity.
• July: Ethereum peaked at $2,026.20 despite slight volatility, closing at $1,856.16. Solana also performed well due to institutional adoption, as reported in a report on Vitalik Buterin’s influence.
• August: The price dropped to $1,645.64 after peaking at $1,877.51, influenced by profit-taking and declining trading volumes on decentralized exchanges, as described in a market analysis.
• September: Ethereum fluctuated between $1,533.43 and $1,692.53, closing at $1,671.16. Binance faced regulatory issues, affecting the crypto market, as covered in a Binance report.
• October: The price increased to $1,816.46 after a dip to $1,523.24 due to positive market sentiment. Ethereum was associated with the growth of liquid staking platforms, as mentioned in a positive market outlook.
• November: Ethereum broke the $2,000 mark and closed at $2,052.56, driven by market optimism and positive news surrounding Bitcoin ETF approvals, as noted in an ETF analysis.
• December: Ethereum ended the year strong at $2,281.47, with a peak of $2,445.02, emphasizing market recovery and network confidence. The price surge coincided with a broader crypto rally towards the end of the year, as highlighted in a market movement analysis.

2024

The year 2024 was marked by volatility for Ethereum, but a new all-time high (ATH) was not achieved, whereas Bitcoin did reach a new price record. The Ethereum price experienced strong price movements influenced by macroeconomic developments, regulations, and the approval of an Ethereum ETF but fell short of achieving new peaks.

• January: The Ether price opened at $2,282.87, peaked at $2,710.42, dropped to $2,113.93, and closed the month at $2,282.54, as optimism grew following the approval of the first Ethereum ETF.
• February: ETH opened at $2,282.18, rose to $3,518.97, dipped to $2,243.57, and ended strong at $3,341.92, driven by positive macroeconomic news.
• March: The Ethereum price opened at $3,341.97, peaked at $4,092.28, dropped to $3,059.65, and closed at $3,647.86, with the market showing a slight correction.
• April: Ether opened the month at $3,647.82, peaked at $3,727.62, dropped to $2,862.39, and closed at $3,012.29, influenced by market uncertainty.
• May: The ETH price opened at $3,011.02, reached a high of $3,973.56, fell to $2,815.92, and closed at $3,760.03, supported by positive developments around the spot ETF.
• June: Ethereum started the month at $3,759.88, peaked at $3,887.49, dropped to $3,244.24, and closed at $3,432.89, supported by improved market sentiment.
• July: The Ether price opened at $3,432.61, rose to $3,560.08, dropped to $2,826.01, and closed the month at $3,231.30, affected by regulatory issues in Asia.
• August: ETH started the month at $3,231.25, reached $3,241.78, fell to $2,122.55, and closed at $2,513.39, following disappointing ETF news from Hong Kong.
• September: Ethereum opened the month at $2,513.42, peaked at $2,728.07, dropped to $2,150.86, and closed at $2,603.06, as the market recovered from earlier declines.
• October: The Ether price opened at $2,603.26, reached $2,765.55, dropped to $2,311.03, and closed at $2,515.80, influenced by ongoing economic uncertainties.
• November: ETH started at $2,515.87, climbed to $3,739.93, dropped to $2,359.58, and closed strongly at $3,705.71, supported by improved market sentiment.
• December: The Ethereum price opened at $3,706.62, peaked at $4,106.96, dropped to $3,098.20, and closed the month at $3,332.53, in a volatile market ending for the year.

Ethereum historical prices

The table below shows the historical Ethereum prices in euros for the past week.

How is the Ethereum price determined?

Just as every asset, the price is a combination of supply and demand. The markets buyers and sellers determine the Ethereum price by bidding against each other. If there are more buyers than sellers, the price goes up. If there are more sellers than buyers, the price will go down. This system worked out well for Ethereum, because the price has skyrocketed thousands of percent points during its existence.

The problem with the Ethereum price is that news about cryptocurrencies in general has a lot of impact on the price. Generally, positive news will have a positive impact on the price, but negative news will have a bad impact on the price. This problem is seen in other cryptocurrencies like Bitcoin as well.

Just look at the announcement of Facebook in 2019, they wanted to launch their own Libra cryptocurrency to make it possible for small countries to participate in the financial world. Only the large banks could stop Mark Zuckerberg from stopping this plan, and that’s exactly what they did. They argued that the introduction of this new cryptocurrency would be a too big change for the current financial market. But in fact they were scared because Facebook would be too big if they launched their own coin.

Ethereum price prediction

We don’t know what the future will bring us, but we all agree that people have less and less cash at their disposal, because of the rise in card payment.. This is a positive development for cryptocurrencies, because they go together with the development of apps quite well.

We don’t know what this means for the Ethereum price. Looking at the all-time-high of Ether, there is still growth potential for the Ethereum price, considering that Ether is already the second most popular cryptocurrency. But this is no guarantee for the future.

An important factor for the Ethereum value is the launch of Ethereum 2.0. The second version of this blockchain should be launched somewhere in 2020. Ethereum 2.0 will introduce new features like sharding, Proof of Stake (PoS) and eWASM. This means the end of mining and the start of ETH staking. The new functionalities will bring exciting possibilities for both users and developers. Investors have high hopes for the new and improved Ether version.

What do you need to take into account with the Ethereum price?

Ethereum is just like other cryptocurrencies: very volatile and not suited for classical traders. Cryptocurrency, seeingthe past trends, has high peaks and deep lows. This is because one big player (a whale) can influence the price with 1 single order. Every big owner of Ethereum that sells a lot of its Ether can have a giant impact on the price. Every big investor, like institutional investors, that decides to invest in Ethereum, can affect the price extremely. Even though most big traders trade via OTC-markets, the price stays volatile.

Summarized, Ethereum prices are very volatile and it can change quickly.

Please note that you must only invest money that you can lose. The stories are about people becoming incredibly rich just by trading cryptocurrency, but there are less stories about people who lost all their savings while trading.

How to invest in Ethereum?

In our knowledge base you can find some helpful information about investing in cryptocurrency and the articles can help you with making decisions about investing. Check this page out to learn where you can buy Ethereum easily with payment methods like credit card or SOFORT.

Please know the risks that come with an investment and decide for yourself whether your financial situation allows you to invest in Ethereum.

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