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Ethereum — 2026-10-04

$2,696.02Up +0.55%24h

Change since the previous record

Up $16.01 (0.60%)

Previous record
$2,680.01 · 2026-10-03 14:07 UTC

View the previous record. Based on the two recorded prices; separate from the 24h change.

Research details
Confidence
MEDIUM
Status
CHANGED
Previous record source
CoinMarketCap AI (page-embedded data, automated collector)

Collector note

The commentary below quotes different figures (down 0.85% to $2,680.49) from the recorded price above.

CoinMarketCap AI commentary

Retained for audit context; its figures conflict with the recorded price above and it is not independently verified.

Ethereum is down 0.85% to $2,680.49 in 24h, closely tracking Bitcoin's 0.76% drop, primarily driven by market-wide profit-taking after a recent rally fueled by softer U.S. jobs data.

  1. Primary reason: Broader market cooldown as traders take profits after a macro-driven rally.
  2. Secondary reasons: Negative social sentiment and sustained outflows from spot Ethereum ETFs.
  3. Near-term market outlook: If ETH holds above the $2,635 support, it may retest $2,800; a break below risks a drop toward $2,450. The next macro catalyst is the Fed meeting on October 28.

Evidence

CoinMarketCap price-analysis page data: US$2,696.02, +0.55% (24h). Analysis title: "Latest Ethereum (ETH) Price Analysis".

Verification notes

Price and 24h change were read directly from CoinMarketCap's own page data (not cross-checked against an independent feed). CMC AI's analysis text is attributed commentary, not independently verified fact; catalyst/causal claims within it require separate confirmation before being treated as fact.

Why it matters

Tracks Ethereum's latest price move and CoinMarketCap AI's own stated reasoning, without independent cross-verification against a second price feed.