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As of June 3, 2025, Ethereum (ETH) is trading at approximately NT$62,200.99 per coin. (coingecko.com) This marks a significant decline from its all-time high of NT$161,474.47 on November 16, 2021. (coinmarketcap.com) Over the past 30 days, ETH has decreased by 29.6% against the New Taiwan Dollar (TWD). (coingecko.com)

Recent Performance

In the last week, ETH's value has fluctuated between NT$61,441 and NT$66,251, with the most significant 24-hour movement occurring on March 10, 2025, when the price dropped by NT$6,001.22 (8.3%). (coingecko.com) This volatility reflects broader trends in the cryptocurrency market, influenced by factors such as regulatory developments, technological advancements, and macroeconomic conditions.

Historical Context

Ethereum reached its peak value against the TWD in November 2021, trading at NT$161,474.47 per coin. (coinmarketcap.com) Since then, the cryptocurrency has experienced a downward trend, with notable declines in 2022 and 2023. For instance, in December 2022, ETH was trading at approximately NT$36,812.19. (freecurrencyrates.com) This decline can be attributed to various factors, including market corrections, changes in investor sentiment, and global economic uncertainties.

Factors Influencing ETH/TWD Exchange Rate

Several factors have contributed to the fluctuations in the ETH/TWD exchange rate:

• Market Sentiment: Investor confidence in cryptocurrencies has been affected by regulatory news, security breaches, and market speculation.

• Technological Developments: Upgrades to the Ethereum network, such as the transition to Ethereum 2.0, have impacted its value.

• Macroeconomic Factors: Global economic events, including inflation rates and monetary policies, influence investor behavior in both traditional and digital assets.

• Regulatory Environment: Changes in cryptocurrency regulations in Taiwan and globally affect the demand and supply dynamics of ETH.

Future Outlook

While Ethereum has faced significant volatility, its underlying technology and widespread adoption suggest potential for future growth. Investors should monitor developments within the Ethereum ecosystem, regulatory changes, and broader economic indicators to make informed decisions.

In summary, the ETH/TWD exchange rate has experienced substantial fluctuations over the past few years, influenced by a combination of market dynamics, technological advancements, and economic factors. Staying informed about these elements is crucial for anyone involved in the cryptocurrency market.