Why is Crypto Up Today? Ethereum Leads Market Recovery With a +18% Pump
Traders have woken up today with just one question on their mind. ‘Why is crypto up today?’ is what everyone is asking right now after Ethereum opened today at $2,260 after a near +18% move over the past 24-hours.
Per CoinGecko data, yesterday ETH was hovering at $1,930 before an explosive candle out of nowhere took it to a session high of $2,325, a move that saw over $3Bn in liquidations, quickly making it the 8th largest in recorded history, but still a long way behind the $19Bn record from October 2025 when Trump threatened 100% tariffs on China.
Metrics displayed on CoinGecko show a 24-hour price change of +18.8%. It lists a 24-hour trading volume of $31.9Bn, up +415.05%, and a market capitalization of $272.8Bn.
The broader crypto market has surged +7.5% overnight, with the total market cap at $2.45 trillion, highlighting Ethereum as one of the strongest performers during this 24-hour market pump.
In the last 24 hours:$BTC hits $70,000: +9% $ETH hits $2,300: +23%
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