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Ethereum Surges 6.6% In 24 Hours: Is $3000 The Next Target?

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Ethereum has turned green across all time frames. According to CoinGecko’s ETH data, the second largest crypto by market cap has rallied 6.6% in the last 24 hours, 7.5% in the last week, 4% in the 14-day charts, 14.5% in the last month, and 41.4% since April 2025. The latest rebound is one of the most significant in recent months. Let’s discuss if Ethereum (ETH) will hit the $3000 mark next. Source: CoinGecko Is Ethereum On Its Way To Reclaim $3000? Source: Pixabay Ethereum’s (ETH) big price surge comes amid a two-week ceasefire between the US and Iran. Iran has agreed to completely reopening the Strait of Hormuz, which had become a focal point of the conflict. The ceasefire has led to a substantial surge in investor sentiment, with the global crypto market cap has risen 3.6% in the last 24 hours to $2.52. Bitcoin (BTC) has reclaimed the $71,500 price level, bringing the entire market along with it. BREAKING: US and Iran agree to 2-week ceasefire, completely reopening...