Why is Ethereum (ETH) price up today?

Ether (ETH) price rallied nearly 3% over the past 24 hours, reaching a high of $1,866 on April 1. The top altcoin’s daily trading volume increased by 27% to $15. billion as ETH climbed above $1,800.ETH/USD four-hour chart. Source: Cointelegraph/TradingViewSeveral factors are behind Ethereum’s bullishness today, including:The launch of Privacy Pools on Ethereum.Reducing supply on exchanges.Ether’s market setup points to a 12% rebound next.Privacy Pools launch on Ethereum boosts ETH priceOne of the most significant drivers of Ether’s bullishness today is the launch of Privacy Pools on the Ethereum mainnet.gm Ethereum ☀️It is our great honor to announce the mainnet launch of Privacy Pools!ETH users can now achieve on-chain privacy, while still dissociating from illicit fundsIt is now up to all of us to Make Privacy Normal Again

Apr 1, 2025 - 03:00
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Why is Ethereum (ETH) price up today?

Why is Ethereum (ETH) price up today?

Ether (ETH) price rallied nearly 3% over the past 24 hours, reaching a high of $1,866 on April 1. The top altcoin’s daily trading volume increased by 27% to $15. billion as ETH climbed above $1,800.

Why is Ethereum (ETH) price up today?

ETH/USD four-hour chart. Source: Cointelegraph/TradingView

Several factors are behind Ethereum’s bullishness today, including:

  • The launch of Privacy Pools on Ethereum.

  • Reducing supply on exchanges.

  • Ether’s market setup points to a 12% rebound next.

Privacy Pools launch on Ethereum boosts ETH price

One of the most significant drivers of Ether’s bullishness today is the launch of Privacy Pools on the Ethereum mainnet.

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