eth-usd

ETHUSD

1.2345
0.042%
Swap Short
1,94 Points
Swap Long
-8.23 Points
SELL
1.08491
BUY
1.08505
Low: 1.08491
Spread
High: 1.08505
ETHUSD Trading Chart
Past performance is not a guarantee or prediction of future performance.
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Closes on
Monday at 00:00
Volatility
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About ETHUSD
ETHUSD represents the exchange rate between Ethereum (ETH) and the US Dollar (USD). Ethereum is a decentralized platform that enables smart contracts and decentralized applications (dApps), and is the second-largest cryptocurrency by market capitalization.
How to Trade ETHUSD
To trade ETHUSD effectively:
  • 1
    Monitor Ethereum Network Upgrades
    Stay updated on Ethereum’s ongoing network improvements, such as the transition to Ethereum 2.0 and the implementation of scalability solutions like sharding, as these upgrades can affect ETH’s price.
  • 2
    Track DeFi Ecosystem Growth
    Monitor the development and adoption of decentralized finance (DeFi) applications on the Ethereum network. As the leading platform for DeFi, Ethereum’s growth in this space directly impacts ETH demand and value.
  • 3
    Watch Market Sentiment
    ETH’s price is influenced by general market sentiment in the cryptocurrency space. Positive news about Ethereum’s scalability or DeFi growth can drive ETH’s price up, while market downturns or regulatory concerns may cause declines.
  • 4
    Set Risk Management
    Use stop-loss orders and position sizing to manage risk. Given Ethereum’s price volatility, it’s important to safeguard your investments, especially during significant network updates or broader market fluctuations.
ETHUSD is affected by network developments, the adoption of decentralized finance, and overall market sentiment. Staying informed on these factors is key to successful ETH trading.
Key Factors Affecting ETHUSD
Several factors influence ETHUSD, including:
  • Ethereum's 
    Network
    Ethereum’s network upgrades, particularly the transition to Ethereum 2.0, can significantly affect ETH’s price by increasing scalability and reducing energy consumption.
  • DeFi Ecosystem 
    Growth
    The expansion of decentralized finance (DeFi) applications on Ethereum is a major driver of demand for ETH. The more successful DeFi projects on the platform, the higher the demand for Ethereum.
  • Market 
    Sentiment
    ETH’s price is also influenced by the broader sentiment in the cryptocurrency market. Positive news, such as major adoption or network upgrades, can push ETH’s value higher, while market downturns can lead to price drops.
FAQ - ETHUSD

ETHUSD is influenced by several key factors:

  • Ethereum Network Upgrades (e.g., Ethereum 2.0): Ethereum's transition to Ethereum 2.0, scalability improvements, and updates to its network can significantly impact ETH’s price.
  • Smart Contract Adoption: The increasing adoption of Ethereum for decentralized applications (dApps), DeFi, and NFTs boosts demand for ETH, affecting its price.
  • Market Sentiment and Institutional Interest: As institutional interest in Ethereum grows and sentiment in the broader crypto market shifts, ETH’s price can fluctuate significantly.

There are several benefits to trading ETHUSD:

  • Decentralized Finance (DeFi) Growth: Ethereum is at the forefront of the DeFi movement, and as DeFi continues to expand, it can drive demand and increase ETH's value.
  • Network Upgrades and Innovations: The continuous improvement of Ethereum’s network enhances its scalability and security, potentially leading to long-term value growth.
  • Smart Contract Functionality: Ethereum's ability to support smart contracts enables a wide range of applications, including decentralized finance, supply chain, and more.

Traders should be aware of these risks when trading ETHUSD:

  • Scalability and Network Congestion: Ethereum’s network can experience congestion, especially during periods of high demand, potentially causing delays and increased transaction fees.
  • Regulatory Uncertainty: As with other cryptocurrencies, regulatory changes or uncertainty can significantly impact the price and adoption of ETH.
  • Market Volatility: Ethereum, like other cryptocurrencies, is subject to high volatility, which can result in sudden price movements that may be difficult to predict.
If you have more questions visit FAQ Page
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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. It is important to fully understand the risks involved and seek independent advice if necessary. You should carefully consider whether you understand how CFDs work and whether you can afford to take the high risk of losing money. The value of your investment may go down as well as up.

Please review our Legal Documents to understand the risks involved before you invest. See your rights and responsibilities as a retail client.
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