ETH (Ethereum) 24-hour increase of 7.77% Gate News Bot report, November 10th. According to CoinMarketCap data, at the time of writing, ETH (Ethereum) is priced at $3,645.78, up 7.77% in the past 24 hours, with a high of $3,652.69 and a low of $3,063.09. The 24-hour trading volume reached $29.343 billion. The current market capitalization is approximately $440.034 billion, an increase of $31.736 billion from yesterday. ETH is currently ranked 2nd in the cryptocurrency market cap rankings. Recent important news about ETH: 1️⃣ ETH price breaks through the $3600 threshold Ethereum's price has surged strongly in the past 24 hours, breaking through the $3600 mark and reaching a high of $3,652.69. This increase has added over $30 billion to ETH's market cap, indicating a recovery in market confidence in Ethereum. 2️⃣ Institutional investors continue to increase ETH holdings The Ethereum spot ETF market continues to attract capital inflows. BlackRock's ETHA ETF saw a net inflow of $34.43 million in a single day, with a total net inflow of $13.87 billion. The sustained accumulation by institutional investors reflects optimism about ETH's long-term prospects. 3️⃣ Surge in Ethereum staking demand The validator queue for Ethereum continues to grow, with approximately 1.5 million ETH waiting to be staked. This trend indicates increased investor confidence in the long-term future of the Ethereum network, with investors willing to lock funds to support network security and earn rewards. From a technical perspective, ETH remains strong after breaking through $3600. However, investors should remain cautious of market volatility and closely monitor subsequent price movements. This news is not investment advice; please be aware of market risks when investing.