{"id":48658,"date":"2021-09-01T09:55:26","date_gmt":"2021-09-01T06:55:26","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=48658"},"modified":"2025-09-02T08:33:33","modified_gmt":"2025-09-02T05:33:33","slug":"ethereum-nears-3800-for-first-time-since-may","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ethereum-nears-3800-for-first-time-since-may\/","title":{"rendered":"Ethereum Nears $3,800 for First Time Since May"},"content":{"rendered":"<p>On Wednesday, September 1, Ethereum traded above the $3,500 level for the first time since the <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-price-falls-below-35000\">May drop<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-01-v-09.47.13-1024x640.png\" alt=\"Ethereum price first time since May nears $3,800\" class=\"wp-image-147642\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-01-v-09.47.13-1024x640.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-01-v-09.47.13-300x188.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-01-v-09.47.13-768x480.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-01-v-09.47.13-1536x960.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-01-v-09.47.13-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>ETH\/USDT chart on the Binance exchange. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/ETHUSD\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">September 1, 2021 | 20:20<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>The price of Ethereum surpassed the $3790 mark. Market cap \u2014 $440 billion.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-01-v-20.19.19-1-1024x640.png\" alt=\"Ethereum price first time since May nears $3,800\" class=\"wp-image-147741\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-01-v-20.19.19-1-1024x640.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-01-v-20.19.19-1-300x188.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-01-v-20.19.19-1-768x480.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-01-v-20.19.19-1-1536x960.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2021-09-01-v-20.19.19-1-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>ETH\/USDT chart on the Binance exchange. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/ETHUSD\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<\/div>\n<p>The asset&#8217;s market cap reached $412 billion, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/ethereum\">CoinGecko<\/a>. At the time of writing Ethereum was trading at around $3530.<\/p>\n<p>In August, the hash rate of the network of the second-largest cryptocurrency <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-hash-rate-hits-an-all-time-high\">reached a historic high<\/a>. Miner revenue for the coin <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-miners-revenue-rose-60-in-august\">rose by 60%<\/a> over the same period.<\/p>\n<p>In August, the Ethereum network <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-network-records-a-major-block-reorganisation\">recorded<\/a> a major reorganization of blocks.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news in our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Wednesday, September 1, Ethereum traded above $3,500 for the first time since the May drop.<\/p>\n","protected":false},"author":1,"featured_media":48659,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46],"class_list":["post-48658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=48658"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48658\/revisions"}],"predecessor-version":[{"id":48660,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48658\/revisions\/48660"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/48659"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=48658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=48658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=48658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}