The current Ethereum (ETH) to Tether
(USDT) conversion rate is around 1 ETH = 3,418.87 USDT, but it's actually decreased by 7.57% in the last 24 hours, not 5.01% ¹.
According to CoinMarketCap, the ETH to USDT rate has moved down by 7.95% in the last 24 hours, with a current price of $3,385.73 ².
It's worth noting that Ethereum's price has been volatile lately, with a 15.19% decrease in the last month ³.