Ethereum surges 66% in Q3 but remains below price from five years ago
ETH Grayscale Ethereum Staking Mini ETF
$22.98 -1.71%
View chart & analysis → - 1Ethereum (ETH) surged 66% in the third quarter, marking its best quarter since the 2021 surge, while the S&P 500 rose only 2%.
- 2Ethereum has fallen 37% over the past five years, whereas an S&P 500 index fund with reinvested dividends returned 85% during the same period.
- 3The original text suggests holding some amount due to $147.9 billion in stablecoin accumulation but warns against excessive buying.
So what's the key point?
Ethereum rose 66% in three months, but its price is still lower than it was five years ago. The article suggests holding a small amount while being careful not to buy too much at once.
Source The Motley Fool +1 · View original ↗
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