Exchange Rate Calculator

As of May 3, 2025, Ethereum (ETH) is trading at approximately €1,855.07, reflecting a 1.4% increase over the past 24 hours and a 7.1% rise over the past week. This recent uptick follows a period of volatility influenced by various market factors.

Recent Performance

In the past month, ETH has experienced a decline of approximately 28.36% against the Euro, dropping from €2,626.99 to its current value. This downward trend is part of a broader pattern observed over the past year, during which ETH has decreased by about 40.83% from €3,083.57.

Historical Context

Looking back to 2024, ETH reached its highest value of €3,792.36 on December 17, 2024, and its lowest at €2,043.26 on January 25, 2024. The average price throughout 2024 was €2,818.58. In 2023, ETH's value fluctuated between €1,586.61 on October 1 and €1,701.61 on October 31.

Market Capitalization and Trading Volume

Ethereum's current market capitalization stands at approximately €223.8 billion, with a 24-hour trading volume of around €6.38 billion. These figures indicate substantial market activity and liquidity, essential factors for investors considering entry or exit points.

Factors Influencing ETH/EUR Exchange Rate

Several elements contribute to the fluctuations in the ETH/EUR exchange rate:

• Market Sentiment: Investor perception of Ethereum's future potential, technological advancements, and overall market trends significantly impact its value.

• Regulatory Developments: Changes in cryptocurrency regulations within the European Union and globally can affect investor confidence and market dynamics.

• Technological Upgrades: Ethereum's ongoing development, including network upgrades and scalability improvements, can influence its adoption and, consequently, its price.

• Macroeconomic Factors: Economic indicators such as inflation rates, interest rates, and economic growth in the Eurozone can impact the Euro's strength, thereby affecting the ETH/EUR exchange rate.

Conclusion

The ETH/EUR exchange rate has exhibited significant volatility over the past year, influenced by a combination of market sentiment, regulatory changes, technological developments, and macroeconomic factors. While recent trends show a decline, the cryptocurrency market's inherent volatility necessitates careful consideration and continuous monitoring for those involved in trading or investing in Ethereum.