FX
Ethereum (USD)
The dollar price of ethereum, the second-largest crypto asset. It reflects demand for smart-contract platforms and staking, while its ratio to bitcoin shows how broadly crypto risk appetite has spread.
Ethereum (USD) latest observations
- Observed
- 2026-11-09
- Latest
- 2,093 USD
- Change from previous
- ▼ -28.17 USD
Check the observation dates in both the summary and chart; release and refresh times can differ.
At a glance
Ethereum (USD): latest value and prior change
As of 2026-11-09, Ethereum (USD) is 2,093 USD. It is 28.17 USD lower than 2,121 USD on 2026-11-08.
Across 279 available observations from 2026-02-04 to 2026-11-09, the latest value is at the tie-adjusted 47th percentile.
- Observed on
- Default comparison window
- 2026-02-04–2026-11-09
- Observations · observed cadence
- 279 · Daily
- Data source
- Yahoo Finance
A high or low percentile does not by itself make the indicator positive, negative, or a buy or sell signal.
2026-09-11 → 2026-11-09 · USD
- First
- 2,515 USD
- 2026-09-11
- Latest
- 2,093 USD
- 2026-11-09
- Window low
- 2,093 USD
- 2026-11-09
- Window high
- 2,776 USD
- 2026-09-21
The horizontal axis follows observation order; calendar intervals may differ. High and low refer to observed values within this window, not intraday or all-time extremes. Ties show the first observation date.
Time-series chart
Ethereum (USD)
2026-02-04–2026-11-09
Long-history series are stored as real provider observations. Index, FX, VIX, and ratio charts use historical backfill where providers expose it; Korean investor flow and margin-credit feeds expand as stable historical endpoints become available.
Recent observations and calculated changes
The ten latest chart observations. Change subtracts the previous observation; intervals vary with holidays, release schedules and missing data. A difference in rates or ratios is not an investment return.
| Observed | Value | Previous date | Difference (current − previous) |
|---|---|---|---|
| 2026-11-09 | 2,093 USD | 2026-11-08 | -28.17 USD |
| 2026-11-08 | 2,121 USD | 2026-11-07 | -115.3 USD |
| 2026-11-07 | 2,236 USD | 2026-11-06 | 1.27 USD |
| 2026-11-06 | 2,235 USD | 2026-11-05 | 0.57 USD |
| 2026-11-05 | 2,234 USD | 2026-11-04 | -187.8 USD |
| 2026-11-04 | 2,422 USD | 2026-11-03 | 149.6 USD |
| 2026-11-03 | 2,273 USD | 2026-11-02 | 23.84 USD |
| 2026-11-02 | 2,249 USD | 2026-11-01 | -24.17 USD |
| 2026-11-01 | 2,273 USD | 2026-10-31 | 20.30 USD |
| 2026-10-31 | 2,253 USD | 2026-10-30 | 11.69 USD |
Source: Yahoo Finance
Interpretation guide
Ethereum in dollars: crypto risk appetite's second axis
Ethereum is the second-largest crypto asset and the flagship smart-contract platform. Where bitcoin trades as digital gold, ethereum is closer to a bet on the blockchain application ecosystem — so the pair's relative strength measures how deep crypto risk appetite runs.
What moves the price
Ethereum correlates tightly with bitcoin but with higher beta, and its own variables — staking yields, network fees, spot ETF flows — drive the gap between the two.
- Surging network fees signal genuine on-chain activity growth.
- Supply locked in staking is a structural drag on circulating float.
- Spot ETF flows are the key institutional-demand gauge, as with bitcoin.
Relative strength versus bitcoin
The ETH/BTC ratio is the classic depth gauge of crypto risk appetite. A rising ratio means money is spreading beyond bitcoin into the application layer; a falling one means flight to crypto's safest asset.
- Ethereum starting to outperform bitcoin is widely read as the onset of altcoin season.
- Bitcoin-only rallies with ethereum lagging mean risk appetite is still shallow.
- In crashes, higher-beta ethereum typically falls harder than bitcoin.
Uses and misreads
Ethereum answers to protocol upgrades and ecosystem competition (Solana and others), so bitcoin logic alone misleads. Use it as an intra-crypto relative-strength gauge.
- Distinguish ethereum weakness from broad crypto weakness versus migration to rival chains.
- Pair with the kimchi premium and domestic turnover to gauge Korean altcoin heat.
- Volatility expansions around network upgrades are a recurring pattern.