Ethereum in Fresh Rally after Crypto Sell-offs
Ethereum, the world’s second-largest digital asset, rebounded by more than 4% in the last 24 hours after fast and furious sell pressures that plunged its market value below $400 billion.
ETHUSD is picking up momentum as trading volume reached $26.425 billion during an intraday trading session on Sunday after it lost more than 9% last week.
Ethereum rose 4.28% over the last 24h, outperforming Bitcoin (+1.6%) and the broader crypto market (+2.18%). Today’s gains align with a broader rebound after recent declines, driven by improved liquidity conditions and bullish ETF inflows.
Trading data obtained from cryptocurrency market showed that Ethereum market value has now crossed $420 billion as investors re-entered positions.
ETHUSD recorded about $3 billion in weekly inflows, which signal institutional demand. Mastercard and MetaMask announced a partnership to launch a self-custody crypto payment card, enabling Ethereum users to spend digital assets with over 150 million merchants worldwide.
The collaboration marks a significant integration of crypto and traditional finance, allowing easier crypto transactions globally without sacrificing asset control. Immediate market reactions emphasise the potential for increased stablecoin adoption.
ETH had peaked after President Trump announced a plan to distribute tariff-funded dividends of $2K+ per American, sparking speculation about fiscal stimulus and inflationary pressures. MTN Nigeria Lost 8.3% Ahead of Interim Dividend, Potential Offer
