Over the past hour, the Ethereum (ETH) rate against Tether (USDT) has increased rapidly. Currently, the ETH price has surpassed 2,600 USDT, specifically around 2,614 USDT on exchanges such as Binance and Coinbase. This reflects a notable increase from the lows just a few hours ago. The ETH price has increased by 2.2% today.
This increase may be related to ETH breaking out of recent bearish patterns, with strong buying pressure from the market. Over the past 24 hours, ETH has increased by around 1.38%, suggesting a continuation of the bullish trend in the short term.
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