๐ Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
๐
Event Duration:
May 16, 2025, 8:00 AM โ May 23, 2025, 06:00 PM UTC
๐ฏ How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related โ here are some ideas:
๐น Commemorative:
Look back on the iconic โ10,000 BTC for two pizzasโ story or share your own memories with BTC.
๐น Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
#ETH#
Today (May 21, 2025), the price of Ethereum (ETH) continues to hold above $ 2,500, generally following a positive trend.
Looking at the changes in the last 24 hours:
* Daily change: It is stated that it has increased between 0.51% and 1.27%. (There may be minor differences between sources.)
* Current price: It is traded around $ 2,540 - $ 2,545.
* Market value: It is around $ 307 billion.
* 24-hour trading volume: Around $ 22.5 billion.
It is stated that Ethereum has recorded a strong rally with the support it received from the Pectra update at the beginning of this month and has maintained its level above $ 2,500. In addition, the decentralized exchange (DEX) volume is strengthening and the number of daily active users has increased to the highest level in the last three months.
Recent significant effects:
* Pectra update: This update has had a positive impact on the price by increasing interest in Ethereum. Ethereum has gained nearly 55% in the last month, while Bitcoin has gained 21% in the same period.
* Increasing transaction volume and number of users: The increase in activity on decentralized exchanges (DEX) and the increase in the number of daily active users indicate interest and demand in the Ethereum network.
* Institutional investor interest: Some reports indicate that institutional investors have also withdrawn large amounts of ETH from exchanges, increasing buying pressure in the spot market.
* Spot Ether ETFs: Although US spot Ether ETFs have continued their negative flows with net outflows in recent days, the general market sentiment is still strong.
Analysis and expectations:
* Some analysts predict that Ethereum has formed a bull pennant on the daily chart and there may be a potential break above $3,600.
* In the longer term (such as the end of 2025), the value of ETH is expected to rise even further.
In summary, Ethereum is generally positive today. The price continues to hold above $2,500, and both technical indicators and fundamental developments (update, user growth) are giving bullish signals.