Ethereum’s price remained above $3,300 Thursday morning, after briefly topping $3,400 Wednesday afternoon. Ethereum has seen a fairly stable rise since its brief but significant drop below $3,000 Monday.
Ethereum had been around $3,800 until last Wednesday, when it started a slide that carried through the weekend and into Monday. This week marked the first time Ethereum had dropped below $3,000 since late September 2021. Its price has been between $2,900 and $3,500 so far this week, and appears not to have been shaken by the latest inflation data that came out this week. The data shows prices continue to rise, with inflation at a 40-year high.
