Ethereum — 2026-10-05
$2,699.48Down -0.10%24h
Change since the previous record
Up $3.46 (0.13%)
- Previous record
- $2,696.02 · 2026-10-04 14:34 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 (up 1.23% to $2,727.95) 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 up 1.23% to $2,727.95 in 24h, closely tracking a broader market rally primarily driven by renewed institutional inflows into Bitcoin ETFs and supportive macro data. It shows a strong correlation (78.4% over 30 days) with the S&P 500, indicating a rates-sensitive, macro-driven move.
- Primary reason: Positive beta to Bitcoin, fueled by spot ETF inflows and softer jobs data easing Fed hike fears.
- Secondary reasons: Supportive ecosystem news, including massive institutional staking and anticipation of the upcoming Glamsterdam upgrade test.
- Near-term market outlook: If ETH holds above $2,640 support, a test of the $2,775–$2,800 resistance is likely; a break below risks a pullback toward $2,580.
Evidence
CoinMarketCap price-analysis page data: US$2,699.48, -0.10% (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.