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Ethereum Rides Volume Surge to New Highs—Just as the Wall Street Crowd Starts Paying Attention

Ethereum Rides Volume Surge to New Highs—Just as the Wall Street Crowd Starts Paying Attention

Published:
2025-05-09 08:23:29
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Ethereum price gains alongside increase in volume

Ethereum’s price isn’t just climbing—it’s doing it with the kind of trading volume that makes even Bitcoin maximalists glance nervously at their portfolios. The second-largest crypto by market cap is proving it’s more than just ’gas fee hell’ for degens.

Why this matters: When ETH moves on heavy volume, it’s not just retail FOMO. Institutional players are finally waking up to what crypto natives knew years ago—Ethereum’s network effects are becoming too big to ignore (even for those who still think ’blockchain, not Bitcoin’).

The kicker? This rally comes as traditional finance scrambles to package ETH ETFs into something their compliance departments won’t reject. Nothing like watching hedge funds try to explain smart contracts over golf to remind you why decentralization matters.

Cryptocurrency prices FAQs

How do new token launches or listings affect cryptocurrency prices?

Token launches influence demand and adoption among market participants. Listings on crypto exchanges deepen the liquidity for an asset and add new participants to an asset’s network. This is typically bullish for a digital asset.

How do hacks affect cryptocurrency prices?

A hack is an event in which an attacker captures a large volume of the asset from a DeFi bridge or hot wallet of an exchange or any other crypto platform via exploits, bugs or other methods. The exploiter then transfers these tokens out of the exchange platforms to ultimately sell or swap the assets for other cryptocurrencies or stablecoins. Such events often involve an en masse panic triggering a sell-off in the affected assets.

How do macroeconomic releases and events affect cryptocurrency prices?

Macroeconomic events like the US Federal Reserve’s decision on interest rates influence crypto assets mainly through the direct impact they have on the US Dollar. An increase in interest rate typically negatively influences Bitcoin and altcoin prices, and vice versa. If the US Dollar index declines, risk assets and associated leverage for trading gets cheaper, in turn driving crypto prices higher.

How do major crypto upgrades like halvings, hard forks affect cryptocurrency prices?

Halvings are typically considered bullish events as they slash the block reward in half for miners, constricting the supply of the asset. At consistent demand if the supply reduces, the asset’s price climbs.

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